Suppose the Price of a Quart of Milk Rises from $1.00

question 30

Multiple Choice

Suppose the price of a quart of milk rises from $1.00 to $1.20 and the price of a T-shirt rises from $8.00 to $9.60. If the CPI rises from 150 to 195, then people likely will buy

• A)more milk and more T-shirts.
• B)more milk and fewer T-shirts.
• C)less milk and more T-shirts.
• D)less milk and fewer T-shirts.

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Definitions:

Fertilized Ovum

A cell that results from the fertilization of an ovum (egg) by a sperm, marking the beginning of a human life.

Genetic Material

The molecules (mainly DNA or RNA) within cells that carry the genetic instructions for the development, functioning, growth, and reproduction of all known organisms.

Zygote

The initial cell formed when a sperm cell fertilizes an egg cell, containing the genetic information necessary for the development of a new organism.

Chromosomes

Structures located in the nucleus of cells, made up of DNA and protein, that contain genes, the basic units of heredity.