Suppose That a Price Index for a Certain Basket of Goods

question 21

Multiple Choice

Suppose that a price index for a certain basket of goods and services has a value of 150 in 2009 and a value of 156 in 2010. This index suggests that the cost of the market basket of goods and services

• A)was approximately the same in 2010 and 2009.
• B)was 156 percent higher in 2010 than in 2009.
• C)was four percent higher in 2010 than in 2009.
• D)was six percent lower in 2010 than in 2009.
• E)was six percent higher in 2010 than in 2009.

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Definitions:

Selfishness

Behavior in which an individual puts its own interests above those of others, often at the expense of group welfare.

Behavioral Syndromes

Consistent patterns of behavior across different situations, often seen in animals, including humans, indicating a possible genetic or environmental basis.

Fitness

An organism's ability to survive and reproduce, thereby contributing its genes to the next generation.

Maladaptive

A trait or behavior that is detrimental to the survival or reproductive success of an organism.