The Table Below Shows Vietnam's Price Index Between 2004 and 2007

question 166

Multiple Choice

The table below shows Vietnam's price index between 2004 and 2007. www.econstats.com
From the data, we can conclude that

• A) the inflation rate 2005 and 2006 was 7.5 percent.
• B) food and energy prices in Vietnam were increasing between 2004 and 2007.
• C) commodity substitution bias occurred over the four years.
• D) deflation occurred between 2005 and 2006 as price increased more slowly than in 2004.

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Definitions:

Physiological Arousal

A state of physical alertness and activation that is often a response to a stimulus or emotional state.

William James

A pioneering American psychologist and philosopher known for his contributions to pragmatism and functionalism and as the father of American psychology.

Physiological Arousal

Physical states of alertness or excitement, often associated with increased heart rate, respiration, and energy, in response to stimuli.

Elevated Levels

Higher than normal amounts or concentrations of a substance or parameter, often indicating a problem or condition.