The Table Below Shows Hypothetical Prices for a Particular Anatomy

question 132

Multiple Choice

The table below shows hypothetical prices for a particular anatomy textbook at a university bookstore over several years. TABLE 2-4 Refer to Table 2-4.Assume that 2019 is used as the base year,with the index number = 100.The value of the index number in 2015 is

• A)0.818.
• B)1.0.
• C)1.222.
• D)81.8.
• E)122.2.

---

Definitions:

Unemployed Resources

Factors of production such as labor, capital, and natural resources that are not currently being used in the production process.

Aggregate Demand Curve

A curve that shows the total quantity of all goods and services demanded across all levels of an economy at any given price level.

Real Output

The cumulative worth of all products and services manufactured within an economy, taking into account adjustments for changes in inflation.

Price Levels

A measure of the average prices of goods and services in the economy.