Suppose the CPI for This Year Is 133

question 189

Multiple Choice

Suppose the CPI for this year is 133.7.This number means that

• A)on average,goods cost $133.70 each this year.
• B)prices rose 33.7 percent over the last year.
• C)prices rose 133.7 percent over the base year.
• D)prices rose 33.7 percent over the base year.
• E)prices rose 133.7 percent over the last year.

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Definitions:

Operands

Entities in mathematics and computer science on which operators perform operations, such as numbers in algebra or values in programming.

Relational Expressions

Expressions that compare two values or variables, resulting in a Boolean value indicating the relationship's truth.

Boolean Result

The outcome of an expression that can only be true or false.

Character Data

Character data refers to any data that represents letters, symbols, or numerals that are not used in calculations, typically stored and manipulated as strings.