If the Consumer Price Index Was 170 in One Year

question 33

Multiple Choice

If the Consumer Price Index was 170 in one year and 180 in the next year, then the rate of inflation was approximately

• A) 5.5 percent.
• B) 5.9 percent.
• C) 6.3 percent.
• D) 7.2 percent.

---

Definitions:

DSM-III

The third edition of the Diagnostic and Statistical Manual of Mental Disorders, which marked a significant overhaul of diagnostic criteria and classifications from its predecessors.

Empirical Findings

Information or knowledge acquired by means of observation or experimentation that is grounded in objective evidence.

Reliability

The level of consistency and reliability in the results provided by an evaluation instrument over time.

Validity

The extent to which a test, measure, or research study accurately reflects or assesses the specific concept it is intended to.