The Price Index in the First Year Is 150;in the Second

question 38

Multiple Choice

The price index in the first year is 150;in the second year it is 160;and in the third year it is 175.The inflation rate is about

• A)1.07 percent between the first and second years, and 1.09 percent between the second and third years.
• B)5.4 percent between the first and second years, and 9.4 percent between the second and third years.
• C)6.7 percent between the first and second years, and 9.4 percent between the second and third years.
• D)10 percent between the first and second years, and 1.09 percent between the second and third years.

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Definitions:

Scientific Research

The systematic investigation and study of materials, sources, etc., to establish facts and reach new conclusions.

National Economy

The economic activities and performance of a nation, encompassing its gross domestic product, employment rates, and the balance of imports and exports.

Uncontrolled Population Growth

This refers to the rapid increase in the number of individuals in a population, often due to lack of access to contraceptives, education on family planning, or policies limiting the number of children per family, leading to potential overpopulation issues.

Destruction of the Environment

Refers to the damage inflicted on natural ecosystems by human activities, leading to loss of biodiversity, pollution, and climate change.