The Table Given Below Reports the Consumer Price Index in a Country

question 74

Multiple Choice

The table given below reports the consumer price index in a country for four different years.
Table 7.1
$\begin{array}{c}\text { Inflation Data }\\\begin{array}{|c|c|}\hline \text { Year } & \text { Consumer Price Index } \\\hline 1976 & 100.00 \\1980 & 110.50 \\1990 & 128.50 \\2003 & 145.00 \\\hline\end{array}\end{array}$
-Refer to Table 7.1. If a bicycle used to cost $90 in 1990, what did it cost in 2003 based on the inflation rate (rounded to the first decimal place) ?

• A) $115.7
• B) $118.1
• C) $101.6
• D) $130.5
• E) $79.8

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Definitions:

Dismissing Attachment

A type of attachment characterized by a defensive attitude towards relationships and a sense of self-sufficiency that often limits emotional closeness.

Perspective-Taking

Involves the ability to understand and empathize with the thoughts, feelings, and viewpoints of others from their own perspective.

Objectivity

Objectivity refers to the judgment based on observable phenomena and uninfluenced by emotions or personal prejudices.

Neuroticism

A trait characterized by emotional instability, anxiety, moodiness, worry, and sadness.