Suppose That the Consumer Price Index (CPI) Was 160 in 2010

question 93

Multiple Choice

Suppose that the consumer price index (CPI) was 160 in 2010 and 166 in 2011, inflation during 2011 was

• A) zero; prices were stable.
• B) 3.8 percent.
• C) 6 percent.
• D) 66 percent.

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Definitions:

Secret Ballot Elections

A voting method that ensures privacy for voters, allowing them to cast their vote anonymously to prevent influence or coercion.

Bargain

A negotiation process between two or more parties to reach a mutually agreeable outcome.

Wagner Act

A foundational piece of U.S. labor law, officially the National Labor Relations Act of 1935, which established workers' rights to collectively bargain and form unions.

Union Demands

Requests or conditions put forward by labor unions during negotiations with employers, typically regarding wages, benefits, working conditions, and job security.