The Consumer Price Index Was 200 in 2008 and 190

question 51

Multiple Choice

The consumer price index was 200 in 2008 and 190 in 2009.The nominal interest rate during this period was 4.5 percent.What was the real interest rate during this period?

• A)- 0.75 percent
• B)- 0.5 percent
• C)9.5 percent
• D)9.75 percent

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Definitions:

Preschool Participation

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Head Start Preschools

A US-based program aimed at delivering all-encompassing services in early childhood education, healthcare, nutritional advice, and promoting parental involvement, all geared towards low-income families and their children.

English Proficiency

The ability to speak, write, and understand English at a level that is sufficient for effective communication in an English-speaking context.

Bottom-up Mathematics

An approach to learning mathematics that starts with specific instances or data and builds toward general principles, as opposed to beginning with abstract concepts.