If the CPI Was 140 at the End of 2013

question 110

Multiple Choice

If the CPI was 140 at the end of 2013 and 150 at the end of 2014, what was the inflation rate in 2014?

• A)7.14 percent
• B)10 percent
• C)6.25 percent
• D)8 percent
• E)6.67 percent

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Definitions:

Agent of Socialization

Individuals, groups, or institutions that play a part in integrating people into society, helping them to internalize societal norms and values.

Gender Socialization

The process by which men and women learn the expectations associated with their sex.

Resocialization

The process by which existing social roles are radically altered or replaced.

Brainwashing

The process of forcibly altering an individual's beliefs, attitudes, and perceptions through coercive means.