If the Price Index Rose from 254 in Year 1

question 80

Multiple Choice

If the price index rose from 254 in year 1 to 289 in year 2, then the rate of inflation for this economy in year 2 would be:

• A)11.3 percent.
• B)13.78 percent.
• C)89 percent.
• D)35 percent.

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Definitions:

Companionate Family

A type of family built on mutual affection, sexual attraction, compatibility, and personal happiness between husband and wife.

Mutual Affection

A mutual feeling of fondness or liking between two or more individuals.

Sexual Attraction

The interest or desire one person feels towards another, which can be physical, emotional, or both, leading to sexual interest or activity.

Compatibility

The ability of two or more entities to exist or work together in harmony without conflict.