Use an Equation to Solve the Problem

question 31

Multiple Choice

Use an equation to solve the problem. The average price of homes in one neighborhood decreased 8% since last year, a drop of $7,400. What was the average price of a home last year?

• A) $89,500
• B) $90,500
• C) $93,500
• D) $92,500
• E) $88,500

---

Definitions:

Racial Group

A group of people identified or classified together based on common genetic, physical, or social qualities, often connected to skin color, ancestry, or national heritage.

Frankfurt School

A group of German social philosophers dedicated to understanding the role of culture and mass communication in the Nazi regime.

Authoritarian Personality Theory

A theory that suggests that a personality type characterized by strict adherence to conventional values and a belief in absolute obedience or submission to authority figures may be more susceptible to following authoritarian regimes.

Theodor Adorno

A German philosopher and sociologist known for his critical theory of society, contributions to aesthetics, and critique of culture and authoritarianism.