Suppose That Faith Grew Up in Durban, Had a Pet

question 95

Multiple Choice

Suppose that Faith grew up in Durban, had a pet dog as a child, is an excellent netball player, and sometimes drinks too much at parties.If we knew nothing else about Faith, it would probably still be safe to assume that she thinks ____ is more common than it really is.

• A)growing up in Durban
• B)having a pet dog
• C)being an excellent netball player
• D)sometimes drinking too much at parties

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Definitions:

Excess Money

The surplus of cash beyond what is needed for immediate expenses or investments.

Price Level

The mean value of current prices for the economy's wide array of goods and services.

Price Level

An index reflecting the overall cost of commodities and services within an economy.

Inflation Rate

An economy's rate of escalation in prices for goods and services over a given period.