Suppose the Consumer Price Index (CPI) for Year X Is

question 74

Multiple Choice

Suppose the consumer price index (CPI) for Year X is 130. This means the average price of goods and services is

• A) currently $130.
• B) 130 percent more in Year X than in the base year.
• C) 130 percent more in the base year than in Year X.
• D) priced at 30 percent more in Year X than in the base year.

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Definitions:

Gametophyte

The sexual phase in the life cycle of plants and algae that produces gametes.

Gymnosperm

Type of woody seed plant in which the seeds are not enclosed by fruit and are usually borne in cones, such as those of the conifers.

Cycad

Type of gymnosperm with palmate leaves and massive cones; cycads are most often found in the tropics and subtropics.

Classified

Categorized or organized into groups based on shared characteristics or attributes.