The CPI (Using a 2000 Base Year) for 1965 Is

question 13

Multiple Choice

The CPI (using a 2000 base year) for 1965 is 26.0. Suppose a household's annual take-home pay in 1965 was $8,320. What would be an equivalent take-home pay in 2000?

• A) $10,483.
• B) $21,632.
• C) $23,680.
• D) $32,000.

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Definitions:

Milgram's Study

A series of psychological experiments conducted by Stanley Milgram in the 1960s, which explored obedience to authority figures.

Deception

The act of misleading or tricking someone into believing something that is not true.

Informed Consent

A process ensuring participants are fully aware of the research procedures, risks, benefits, and their rights before agreeing to participate.

Debriefing Session

A meeting where participants are informed about the full purpose and procedures of an experiment after it takes place.