Choose the One Alternative That Best Completes the Statement or Answers

question 172

Multiple Choice

Choose the one alternative that best completes the statement or answers the question.
-An economist predicts that the buying power $\mathrm { B } ( \mathrm { x } )$ of a dollar $\mathrm { x }$ years from now will decrease according to the formula $\mathrm { B } ( \mathrm { x } ) = 0.09 \mathrm { x }$ . How much will today's dollar be worth in 2 years? Round the answer to the nearest cent.

• A) \(\$ 0.01\)
• B) \(\$ 1.06\)
• C) \(\$ 0.62\)
• D) \(\$ 0.18\)

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Definitions:

Position, Expertise

The status or role one holds due to their specialized knowledge or professional skill in a particular area or field.

Political Socialization

The process by which people acquire their political beliefs, values, and identities, often influenced by family, education, and social environments.

Political Beliefs

The individual or collective convictions and opinions about political ideologies, policies, and the proper function and roles of government.

Government Action

Refers to any action taken by a government body, which can include legislation, regulation, decisions, or policies implemented to address specific issues or needs within a country.