For an Imaginary Economy, the Consumer Price Index Was 62

question 347

Multiple Choice

For an imaginary economy, the consumer price index was 62.50 in 2004, 100.00 in 2005, and 160.00 in 2006. Which of the following statements is correct?

• A)If the basket of goods that is used to calculate the CPI cost $80 in 2004, then that basket of goods cost $128 in 2005.
• B)If the basket of goods that is used to calculate the CPI cost $90 in 2005, then that basket of goods cost $150 in 2006.
• C)The overall level of prices increased by 97.5 percent between 2004 and 2006.
• D)All of the above are correct.

Evaluate the broader impact of the civil rights movement beyond the African-American community.

Analyze the successes and failures of the Johnson administration in both domestic and foreign affairs.

Understand the key events and cultural developments of the 1950s in the United States.

Recognize the influence of television and media on American society in the 1950s.

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Definitions:

Black Pamphleteers

African American writers and activists who used pamphlets as a medium to disseminate information, advocate for rights, or express social and political critiques during particular historical periods.

Haitian Revolution

A victorious uprising of self-emancipated slaves against the French colonial authority in Saint-Domingue, presently known as Haiti, from 1791 to 1804, aimed at abolishing slavery and colonial dominance.

Cultural Achievements

The notable contributions and innovations made by a society or community in areas such as the arts, sciences, literature, and technology, reflecting its cultural heritage and identity.

War of 1812

A military conflict fought between the United States and Britain from 1812 to 1815, largely over issues of trade restrictions and maritime rights.