If There Are Only Two Goods in the Economy, One

question 44

Multiple Choice

If there are only two goods in the economy, one whose price rises by 8 percent and one by 10 percent, it is possible that inflation is:

• A)2 percent.
• B)8 percent.
• C)10 percent.
• D)9 percent.

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Definitions:

Fires

Uncontrolled burning that can cause damage to structures, landscapes, and can pose a safety risk to individuals.

Quarantining

The placement (by antivirus software) of a computer virus in a secure area on the hard drive so that it won’t spread infection to other files.

Antivirus Software

Software specifically designed to detect viruses and protect a computer and files from harm.

Infected File

A file that has been tainted with a virus or malware, posing a risk to computer security and user data.