A Measure of the Average Price of a Given Class

question 85

Multiple Choice

A measure of the average price of a given class of goods or services relative to the price of the same goods and services in a base year is called a:

• A)real price.
• B)real quantity.
• C)rate of inflation.
• D)price index.

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Definitions:

Intelligence Scores

A numerical representation of an individual's cognitive abilities relative to the population, typically obtained through standardized tests.

Genetic Factors

Elements within an organism's genes that influence its physical traits and behaviors, highlighting the role of heredity in development.

Identical Twins

Twins who have developed from a single fertilized egg and share the same genetic material, making them genetically identical.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm cells, genetically similar like regular siblings rather than identical twins.