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Suppose the Average Price of Gas in 2014 Was $0

question 72

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Suppose the average price of gas in 2014 was $0.95 per litre and $0.97 in 2015.The inflation rate was 3 percent in 2015.What was the 2015 price of gas in 2014 dollars?


Definitions:

Collagen Fibers

Strong, fibrous proteins found in connective tissues, providing structural support and elasticity in various parts of the body.

Contractility

The ability of muscle cells and tissues to contract or shorten, generating force.

Tendons

Tough, fibrous tissues that connect muscles to bones, allowing for the transmission of force when muscles contract.

Canaliculi

Small, channel-like structures in bones that allow for communication and nutrient exchange between bone cells.

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