Consider a Nation in Which the Price Index Last Year

question 146

Multiple Choice

Consider a nation in which the price index last year was 130 and this year it is 150.Which statement is correct?

• A) Inflation was 20% this year.
• B) Deflation was 20% this year.
• C) Housing prices must have risen.
• D) Inflation was 15% this year.
• E) Deflation was 15% this year.

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Definitions:

Refreezing Phase

The final stage in the change process where new behaviors or conditions are solidified into the organization.

Force-Coercion

A strategy or approach that relies on using power, authority, or threats to obtain compliance or achieve objectives.

Direct Forcing

A conflict resolution strategy where one party aims to satisfy its interests regardless of the impact on others.