Table 6-5
This Table Pertains to an Economy with Only

question 4

Multiple Choice

Table 6-5
This table pertains to an economy with only two goods: books and calculators. The fixed basket consists of 5 books and 10 calculators.
$$\begin{array} { | l | c | c } \hline \text { Year } & \text { price of Bouks } & \text { price of Calculators } \\\hline 2011 & \$ 24 & \$ 8 \\\hline 2012 & \$ 30 & \$ 12 \\\hline 2013 & \$ 32 & \$ 15 \\\hline\end{array}$$
-Refer to the Table 6-5.Using 2011 as the base year,what is the inflation rate?

• A)13.3 percent for 2012 and 14.8 percent for 2013
• B)13.3 percent for 2012 and 55.0 percent for 2013
• C)35.0 percent for 2012 and 14.8 percent for 2013
• D)35.0 percent for 2012 and 55.0 percent for 2013

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Definitions:

Groups

Collections of individuals who come together to form a unit or team, often with common goals, interests, or purposes.

Personal Unconscious

A term from Jungian psychology referring to all information that is present within an individual's mind but not currently in conscious awareness.

Libido

In psychoanalytic theory, the energy of the sexual drive as a component of the life instinct.

Archetypes

Universal, inherited models of people, behaviors, or personalities that inform various human traits and interactions, as proposed by Carl Jung.