Table 24-8 The Table Below Relates to the Economy of Mainland, Where

question 97

Multiple Choice

Table 24-8
The table below relates to the economy of Mainland, where the typical consumer's market basket consists of 2 televisions and 300 hamburgers.
-Refer to Table 24-8. If the base year is 2014, then the consumer price index was

• A)80 in 2013, 100 in 2014, and 60 in 2015.
• B)98 in 2013, 100 in 2014, and 96 in 2015.
• C)90 in 2013, 100 in 2014, and 80 in 2015.
• D)180 in 2013, 200 in 2014, and 160 in 2015.

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Definitions:

Dissonance Level

Refers to the degree of discomfort or conflict someone feels when holding two or more contradictory beliefs, ideas, or values at the same time.

Cognitive Dissonance

A psychological discomfort experienced when holding two or more conflicting beliefs, values, or attitudes simultaneously.

Uncomfortable Tension

A psychological state of discomfort arising from contradictory beliefs, thoughts, or feelings.

Beliefs, Attitudes

Mental dispositions reflecting how individuals think or feel about objects, people, or events, influencing how they behave towards them.