In Nation A,the Price Index Rises from 110 to 120

question 152

Multiple Choice

In Nation A,the price index rises from 110 to 120 in a particular year.In the same year,the price level rises from 120 to 130 in Nation B.This means

• A) inflation in both nations is 10 percent.
• B) Nation B suffers from hyperinflation.
• C) both nations suffer from hyperinflation.
• D) Nation A is experiencing inflation but Nation B is experiencing deflation.
• E) Nation A is experiencing inflation of less than 9.1 percent and Nation B is experiencing inflation of less than 8.4 percent.

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Definitions:

Cliques

Social groups that are often exclusive and unified, formed around common interests or friendships, and are characterized by strong in-group loyalty.

Intimate Friendships

Close personal relationships marked by a deep level of understanding, trust, and emotional connection.

Crowds

Large groups of people gathered together, often for a common purpose or event.

Parent-Child Conflict

Disagreements or struggles between parents and children, often stemming from differences in opinions, desires, or values.