If the Inflation Rate Was 10 Per Cent and the Price

question 42

Multiple Choice

If the inflation rate was 10 per cent and the price index was 120 in 2010, then what was the approximate value of the price index in 2009?

• A) 130
• B) 121
• C) 109
• D) 100

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Definitions:

Unsafe Practices

Behaviors or procedures that put individuals at risk of injury or health hazards, often violating established safety regulations and standards.

Fair Hearing

A judicial or administrative procedure that guarantees an individual the opportunity to express their case in a just and equitable manner before making a decision that affects their rights or interests.

Right of Privacy

The right of individuals to keep their personal information confidential and protected from unauthorized use in the workplace.

Autonomy

The degree of independence and self-direction that an individual or entity has in making decisions or controlling activities.