The Textbook Shows That the Inflation-Adjusted Movie Receipts for Titanic

question 114

Multiple Choice

The textbook shows that the inflation-adjusted movie receipts for Titanic (released in 1997) were $3,205,455,051 in 2015 and the original receipts were $2,186,772,302.The implication is that

• A) prices were about the same in 2015 as in 1997.
• B) hyperinflation has occurred since 1997.
• C) prices were about one-third lower in 2015 than they had been in 1997.
• D) prices were roughly 50% higher in 2015 than they had been in 1997.
• E) Titanic was a bad movie at the time of its release but has become more popular over time.

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Definitions:

Alcohol Consumption

The intake of beverages containing ethanol, which can have various effects on health and behavior depending on the amount and frequency of use.

Independent Variables

Factors in an experiment that are intentionally manipulated to observe their effect on dependent variables.

Dependent Variables

Variables in an experiment that are expected to change as a result of manipulations in the independent variables.

Confounding Variables

Factors other than the independent variable that may cause a change in the dependent variable, potentially skewing results in an experiment.