If a Price Index Increased from 400 to 440 Over

question 28

Multiple Choice

If a price index increased from 400 to 440 over the course of a year, then the inflation rate is:

• A) 4%.
• B) 9%.
• C) 10%.
• D) 40%.

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Definitions:

Positive Reinterpretation

The cognitive process of re-framing negative events or situations in a positive or benign light to cope with challenges and stress.

Commonsense Strategy

A practical approach to solving problems or dealing with situations based on everyday knowledge and practical experience rather than theoretical understanding.

Mental Health

A state of well-being in which an individual realizes their own abilities, can cope with the normal stresses of life, work productively, and contribute to their community.

Adaptive

Describes the ability of an organism or system to adjust to changes in its environment or to cope with disturbances.