If We Compare the Last 30 Years of Inflation as Recorded

question 20

Multiple Choice

If we compare the last 30 years of inflation as recorded by the CPI and the PCE price index we find that the

• A)two measures fluctuate together.
• B)the CPI inflation rate was always positive but the PCE price index inflation rate was frequently negative.
• C)PCE price index inflation rate has consistently been at least 5 percentage points above the CPI inflation rate.
• D)two measures give very different inflation rates for most years.
• E)CPI inflation rate has consistently been at least 5 percentage points above the PCE price index inflation rate.

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Definitions:

Left Subclavian Artery

A major artery that supplies blood to the left arm, neck, and head, originating from the aortic arch.

Hepatic Portal Vein

A vein conveying blood to the liver from the spleen, stomach, pancreas, and intestines.

Hepatic Vein

A vein that drains deoxygenated blood from the liver into the inferior vena cava.

Inferior Vena Cava

A large vein that carries deoxygenated blood from the lower half of the body back to the right atrium of the heart.