Suppose the Price Index Was 100 in 2014,109 in 2015,and

question 30

Multiple Choice

Suppose the price index was 100 in 2014,109 in 2015,and the inflation rate was lower between 2015 and 2016 than it was between 2014 and 2015.This means that

• A)the price index in 2016 was lower than 109.0.
• B)the price index in 2016 was lower than 118.9.
• C)the price index in 2016 was lower than 118.0.
• D)the inflation rate between 2015 and 2016 was lower than 1.09 percent.

---

Definitions:

Methyl Bromide

A toxic gas used as a pesticide and for fumigation, known to deplete the ozone layer and hazardous to human health.

PCBs

Polychlorinated biphenyls, a group of toxic chemical compounds known for environmental persistence and health hazards.

Emissions Trading

A market-based approach to controlling pollution by providing economic incentives for achieving reductions in the emissions of pollutants.

Kyoto Protocol

An international treaty that commits its parties to reduce greenhouse gas emissions, based on the scientific consensus that global warming is occurring and that human-made CO2 emissions are driving it.