Suppose That the Price Level in China Was 100 in 2007

question 65

Multiple Choice

Suppose that the price level in China was 100 in 2007, 110 in 2008, 120 in 2009, and 130 in 2011.Over this time period,

• A)the inflation rate increased.
• B)zero inflation occurred.
• C)the inflation rate was positive.
• D)the inflation rate decreased.
• E)Both C and D are correct.

---

Definitions:

Edward Thorndike

An American psychologist known for his work in comparative psychology and the law of effect.

Ivan Pavlov

Ivan Pavlov was a Russian physiologist known for his work in classical conditioning, demonstrating how dogs could learn to associate a neutral stimulus (such as a bell) with an automatic behavior (like salivating) when paired with food.

Phobia

An extreme or irrational fear of or aversion to something.

Evolutionary Adaptation

The process through which species undergo changes over time due to genetic variation and natural selection, helping organisms to survive and reproduce in their environments.