The Average Nominal Annual Rent in the US Denominated in Dollars

question 11

Multiple Choice

The average nominal annual rent in the US denominated in dollars and the CPI (2008 levels) are given in the table below:
-What is the 2008 average annual rent in 2012 terms?

• A) 9743
• B) 10572
• C) 9286
• D) 11093

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Definitions:

Nonviolent Offenders

Individuals who commit crimes that do not involve the use of physical force or violence, such as theft or fraud.

Religious Worship

Acts of devotion and adoration, often in a formal, ritualistic format, directed towards a deity or sacred object as part of a faith tradition.

Schooling

The process of being educated formally in an institution like a school, focusing on acquiring knowledge and skills.

Familism

A cultural value that emphasizes the importance of family ties, loyalty, and the prioritization of family well-being over individual needs.