A Bill of Rights Was

question 196

Multiple Choice

A Bill of Rights was

• A) ratified at the same time as the U.S. Constitution.
• B) ratified in state constitutional conventions.
• C) passed by the First Congress and sent to the states for ratification.
• D) drafted by Thomas Jefferson.
• E) drafted and supported at the Constitutional Convention in Philadelphia.

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Definitions:

Disinflation

A reduction in the rate of inflation, indicating a slowdown in the rate at which prices for goods and services rise.

CPI

A gauge called the Consumer Price Index tracks the overall cost of a varied mix of consumer items and services like food, healthcare, and transport, by measuring their weighted average prices.

Cost Of Living

The amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a particular place and time.

Base Year

A specific year chosen as a point of reference for comparing economic data, such as price levels, over time.