If Your Nominal Income in 2002 Is $50000, and Prices

question 95

Multiple Choice

If your nominal income in 2002 is $50000, and prices increase by 50 percent between 2002 and 2013, then to have the same real income, your nominal income in 2013 must be ________.

• A) $50000
• B) $75000
• C) $100,000
• D) $150,000

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Definitions:

Cotransport

The simultaneous transport of two substances across a cell membrane in the same direction by a single carrier protein.

Active Transport

The movement of molecules across a cell membrane from a region of lower concentration to a region of higher concentration, requiring energy.

Osmosis

The movement of water molecules through a semipermeable membrane from a region of lower solute concentration to one of higher concentration, balancing solute concentrations on both sides of the membrane.

Urine pH

A measure of the acidity or alkalinity of urine, which can be an indicator of various health conditions or dietary influences.