If the Price Level Increases from 200 in Year 1

question 47

Multiple Choice

If the price level increases from 200 in year 1 to 220 in year 2,the rate of inflation from year 1 to year 2 is

• A)20%.
• B)10%.
• C)11%.
• D)120%.

---

Definitions:

Ostracism

The act of ostracizing or barring someone from participation in a community or group.

Narcissism

A personality trait characterized by a grandiose sense of self-importance, a need for excessive admiration, and a lack of empathy for others.

Affiliation

The need or drive to create and maintain social relationships with others.

Autonomy

The capacity and freedom to make one's own choices and decisions, independent of external control or influence.