Assume the Price of Salt Increased from $0

question 172

Multiple Choice

Assume the price of salt increased from $0.30 in 1985 to $0.50 in 1995.If we calculate the average rate of price increase for salt over this period,we could accurately say the

• A) price of salt increased at about a 40 percent rate per year during this period.
• B) price of salt increased at about a 20 percent rate per year during this period.
• C) price of salt increased by about 20 percent total during this period.
• D) price of salt increased at about a 5 percent rate per year during this period.
• E) real price of salt definitely increased during the period.

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Definitions:

Adrenal Glands

Small glands located on top of each kidney, responsible for producing hormones that help regulate metabolism, immune system, blood pressure, response to stress, and other essential functions.

Anterior Pituitary

The front part of the pituitary gland that produces and releases hormones affecting growth, metabolism, and reproduction.

Mesoderm

The middle layer of an embryo in early development, which will develop into the muscles, bones, and much of the circulatory, reproductive, and excretory systems.

Posterior Pituitary

A part of the brain involved in the release of hormones like oxytocin and vasopressin, which regulate important bodily functions.