Use the Consumer Price Index Below to Answer the Question

question 33

Multiple Choice

Use the Consumer Price Index below to answer the question. $$\begin{array}{l}\text { Average Annual Consumer Price Index (1982-1984 = 100) }\\\begin{array} { c | c | c | c | c | c } \text { Year } & \text { CPI } & \text { Year } & \text { CPI } & \text { Year } & \text { CPI } \\\hline 1986 & 109.6 & 1995 & 152.4 & 2004 & 188.9 \\1987 & 113.6 & 1996 & 156.9 & 2005 & 195.3 \\1988 & 118.3 & 1997 & 160.5 & 2006 & 201.6 \\1989 & 124.0 & 1998 & 163.0 & 2007 & 207.3 \\1990 & 130.7 & 1999 & 166.6 & 2008 & 215.3 \\1991 & 136.2 & 2000 & 172.2 & 2009 & 214.5 \\1992 & 140.3 & 2001 & 177.1 & 2010 & 218.1 \\1993 & 144.5 & 2002 & 179.9 & 2011 & 224.9 \\1994 & 148.2 & 2003 & 184.0 & 2012 & 229.6\end{array}\end{array}$$
-Suppose you needed $43,000 to maintain a particular standard of living in 1986. How much would you have needed in 1994 to maintain the same standard of living?

• A)$32,000
• B)$61,000
• C)$54,000
• D)$58,000

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Definitions:

Narcissistic

Related to excessive self-love or self-centeredness, often ignoring the needs of others and craving admiration.

Extraverted

Characteristic of an individual who is outgoing, sociable, and thrives in social situations.

Primary Motivation

Fundamental drives or desires that underlie human behavior, such as survival, pleasure, or social acceptance.

Personal Growth

The process of improving oneself through activities that enhance both the awareness and identity.