The Rate of Alcohol Consumption Among Canadian Students Went from 3.4

question 29

Multiple Choice

The rate of alcohol consumption among Canadian students went from 3.4% of Grade 7 students to nearly _____% of Grade 12 students.

• A)22
• B)35
• C)43
• D)51

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Definitions:

Price Level

A gauge of the overall current prices for a broad range of goods and services manufactured in the economy.

Nominal GDP

The market value of all final goods and services produced within a country in a given period, measured in current prices without adjusting for inflation.

Real GDP

Gross Domestic Product adjusted for inflation, providing a more accurate measure of an economy's size and how it's grown over time.

Market Basket

A representative collection of goods and services used to track price changes for consumer expenditure and calculate inflation rates.