If the Consumer Price Index Increased from 1

question 103

Multiple Choice

If the consumer price index increased from 1.52 to 1.65, then it must be the case that ________ relative to prices in the base year.

• A)all prices rose
• B)the weighted average level of prices rose
• C)all prices fell
• D)some prices rose and some prices fell

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Definitions:

Milgram Experiment

A psychological experiment conducted by Stanley Milgram in the 1960s to study obedience to authority, where participants were instructed to administer electric shocks to another person.

Stanford University Prison Experiment

A psychological study conducted by Philip Zimbardo in 1971 at Stanford University, where students were assigned roles of prisoners and guards to explore the effects of perceived power.

Generalization

Drawing a conclusion about a certain characteristic of a population based on a sample from it.

Logical Support

The provision of reasons or evidence to justify a claim or argument.