Select the Letter of the Word in the Sentence That

question 20

Multiple Choice

Select the letter of the word in the sentence that is a look-alike/sound-alike error. Joel hoped that his new job on Sundays would not effect his grade-point average.

• A) new
• B) not
• C) effect

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Definitions:

Purchasing Power

The real value of money, reflecting the quantity of goods or services that one unit of money can buy, inversely related to the level of prices in the economy.

Producer Price Index

An economic measure reflecting the average rate of change in the prices at which domestic producers sell their goods over time.

Consumer Price Index

A tool that analyzes the weighted mean prices for an assortment of consumer necessities, such as healthcare, transportation, and food items.

Consumer Price Index

An index that measures the weighted average price of a group of consumer essentials, including transportation, medical care, and food.