Use the Consumer Price Index Below to Answer the Question

question 197

Multiple Choice

Use the Consumer Price Index below to answer the question. $$\begin{array}{l}\text { Average Annual Consumer Price Index (1982-1984 = 100) }\\\begin{array} { c | c | c | c | c | c } \text { Year } & \text { CPI } & \text { Year } & \text { CPI } & \text { Year } & \text { CPI } \\\hline 1986 & 109.6 & 1995 & 152.4 & 2004 & 188.9 \\1987 & 113.6 & 1996 & 156.9 & 2005 & 195.3 \\1988 & 118.3 & 1997 & 160.5 & 2006 & 201.6 \\1989 & 124.0 & 1998 & 163.0 & 2007 & 207.3 \\1990 & 130.7 & 1999 & 166.6 & 2008 & 215.3 \\1991 & 136.2 & 2000 & 172.2 & 2009 & 214.5 \\1992 & 140.3 & 2001 & 177.1 & 2010 & 218.1 \\1993 & 144.5 & 2002 & 179.9 & 2011 & 224.9 \\1994 & 148.2 & 2003 & 184.0 & 2012 & 229.6\end{array}\end{array}$$
-A meal in a restaurant cost $45 in 2000. What was its price in 1992 dollars?

• A)$35
• B)$36
• C)$55
• D)$37

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Definitions:

Complexity

A characteristic of systems or problems that exhibit multiple interrelated components and variables, which can lead to unpredictable outcomes and difficulties in understanding or solving.

Configuration

The arrangement or setup of the components of a system or object.

Technological Interdependence

The degree of interrelatedness of the organization’s various technological elements.

Organizational Complexity

Refers to the level of differentiation and integration within an organization, affecting its structure, processes, and decision-making.