Use the Table Below to Answer the Following Questions

question 40

Multiple Choice

Use the table below to answer the following questions.
Table 5.3.1
Suppose a simple economy produces three goods only.The price and output data for two years are shown below.

-Refer to Table 5.3.1.The reference base period is 2002.Which one of the following statements is true?

• A)From 2002 to 2017, the cost of the market basket rose by 58 percent.
• B)The inflation rate in 2017 is greater than the inflation rate in 2002.
• C)It costs 158 times more in 2017 than it does in 2002 to buy the same market basket.
• D)The inflation rate in 2002 is greater than the inflation rate in 2017.
• E)All prices have risen by the same amount.

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Definitions:

Anxious-Ambivalent Attachment Relationship

A form of insecure attachment where children demonstrate strong attachment behavior but also show resistance or anger towards the caregiver.

Secure Attachment

A type of attachment characterized by infants who show distress when separated from caregivers but are able to compose themselves knowing that their caregiver will return.

Avoidant Attachment

Avoidant attachment is a type of insecure attachment where individuals tend to keep emotional distance and may avoid close relationships.

Clings

The act of holding tightly to something or someone, often driven by a need for emotional security or attachment.