Which of the Following Is an Example of an Informal

question 19

Multiple Choice

Which of the following is an example of an informal system that allows a bureaucracy to function?

• A)plea bargaining in the criminal justice system
• B)standardized testing in the education system
• C)open-water fishing in the marine sciences
• D)students who speak up in a classroom setting

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Definitions:

Inflation Rate

The annual percentage increase in the general price level of goods and services, reflecting the rate at which the purchasing power of currency is eroded.

Market Basket

A fixed list of items, used to track the progress of inflation in an economy or to compare costs of living.

CPI

Refers to the Consumer Price Index, a metric that calculates the weighted average price of a selection of consumer items and services including food, medical care, and transportation.

Rate of Inflation

The inflation of general prices for goods and services in an economy over a particular period of time.