When Comparing the Annual Inflation Rate in the United States

question 72

Multiple Choice

When comparing the annual inflation rate in the United States based on the CPI with the annual inflation rate based on the PCE price index, the data show that the two inflation rates

• A) move in opposite directions.
• B) remained constant over the forty year period after 1979.
• C) steadily increased over the forth year period after 1979.
• D) move up and down in similar but not identical ways.
• E) both fluctuate but the fluctuations have little relationship to each other.

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Definitions:

Phenylketones

Organic compounds containing a phenyl group attached to a ketone group, often discussed in the context of phenylketonuria, a metabolic disorder.

Tachypnea

An abnormally high rate of breathing, which may be indicative of respiratory distress or other health issues.

NICU

A specialized hospital unit for the care of premature and critically ill newborns, standing for Neonatal Intensive Care Unit.