If the Annual Inflation Rate Is 5 Percent a Year

question 16

Multiple Choice

If the annual inflation rate is 5 percent a year, about how many years will it take for the price level to double?

• A)10 years
• B)12 years
• C)14 years
• D)16 years

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Definitions:

Neurotransmitters

Chemical substances in the nervous system that transmit signals from one neuron to another across synapses.

Serotonin

A neurotransmitter involved in the regulation of mood, appetite, and sleep, among other functions.

Neuroticism

A personality trait characterized by moodiness, anxiety, and emotional instability.

Neurotransmitters

Chemicals found in the nervous system that transmit signals from one neuron to another across synapses.