Solve the Problem. -Suppose the Current Cost of Gasoline Is $3.28 Per Gallon

question 206

Multiple Choice

Solve the problem.
-Suppose the current cost of gasoline is $3.28 per gallon. Find the current price index using the 1995 price as the reference value. In 1995, the cost of gasoline was 120.5 cents per gallon.

• A)36.7
• B)2.7
• C)272.2
• D)207.5

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Definitions:

Corpus Callosum

A thick band of nerve fibers that connects the left and right hemispheres of the brain, facilitating interhemispheric communication.

Cerebellum

A major structure of the hindbrain that is responsible for fine motor control, balance, coordination, and motor learning.

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Convergent Thinking

A cognitive process involving the focusing on a finite number of solutions or answers to a specific problem, often associated with logical and analytical thinking.