Which of the Following Statements About Values Is True

question 5

Multiple Choice

Which of the following statements about values is true?

• A)Values impact the individual,but not how they work.
• B)Values are not very stable;they change over short periods of time.
• C)Values affect the decisions people make,but have little impact on their behavior.
• D)Values are developed early in life and remain stable over a lifetime.

---

Definitions:

Core CPI

A measure of the underlying trends in the Consumer Price Index, excluding food and energy prices because they can fluctuate widely from month to month.

Consumer Price Index

An index measuring the change over time in the price of a basket of consumer goods and services, often used to assess inflation.

Year 3 Dollars

A term used to adjust financial figures according to inflation or deflation, making them comparable to the value of money in the third year of a specific reference period.

Food Expenditures

The amount of money spent by households or individuals on food products, either at home or in dining establishments.