Last Year, the Consumer Price Index Was 115 While the Consumer

question 246

Multiple Choice

Last year, the consumer price index was 115 while the consumer price index for this year is 125. The rate of inflation is

• A) 8%.
• B) 8.7%.
• C) 9.2%.
• D) 10.8%.

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Definitions:

Remarriage

The practice of entering into a new marriage following the dissolution of a previous marriage through divorce or the passing away of a spouse.

Siblings

Individuals who share at least one parent in common, including brothers and sisters, both full and half.

Noncustodial Fathers

Fathers who do not have legal custody of their child/children, and thus the children reside primarily with the other parent.

Custodial Mother

A mother who has been granted primary legal and/or physical custody of her child(ren) by a court.