Assume the Average Annual CPI Values for 2010 and 2011

question 83

Multiple Choice

Assume the average annual CPI values for 2010 and 2011 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years?

• A) 0.96
• B) 1.04
• C) 3.86
• D) 8.0

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Definitions:

Experienced personally

Directly encountering or undergoing something oneself, rather than learning about it through others or second-hand reports.

Declarative Memory

Memory that can be consciously recalled, such as facts and events, and is considered explicit memory.

Nondeclarative Memory

The subsystem within long-term memory that stores motor skills, habits, and simple classically conditioned responses; also called implicit memory.

Episodic Memory

A type of long-term memory that involves the recollection of specific events, situations, and experiences from an individual's life.