In China, Suppose That the Price Level Was 100 in 2007

question 355

Multiple Choice

In China, suppose that the price level was 100 in 2007, 110 in 2008, 120 in 2009, and 130 in 2011. Over these three years,

• A) the inflation rate was positive.
• B) prices were stable.
• C) inflation did not occur.
• D) the inflation rate accelerated.

---

Definitions:

Furuncle

A painful, pus-filled bump under the skin caused by a bacterial infection, commonly known as a boil.

Nodule

A small, rounded mass or lump of tissue that can be present on or inside the body.

Papule

A tiny, elevated, firm bump or swelling on the skin, frequently part of a larger rash.

Pressure Ulcers

Skin injuries or wounds caused by prolonged pressure, often occurring in individuals who are bedbound or immobile.