If the Cost of a Market Basket Is $150 in 2004

question 33

Multiple Choice

If the cost of a market basket is $150 in 2004 and $200 in 2005, the price index for 2004 using 2005 as the base year is _____.

• A) 0.75
• B) 1.00
• C) 1.33
• D) 1.50

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Definitions:

Shredding

The process of cutting or tearing documents or digital media into smaller pieces to prevent unauthorized access to the information.

Mantrap

A security device or small room that controls access between two or more areas, often used in sensitive environments to ensure secure entry or exit, by allowing only one person to pass at a time.

Privacy

The right of individuals to keep their personal information secure and protected from unauthorized access or disclosure.

GPS

Global Positioning System, GPS, is a satellite-based navigation system that allows any user with a GPS receiver to determine their exact location (longitude, latitude, and altitude) anywhere in the world.