The Percentage Change in the Overall Level of Prices in the Economy

question 60

Multiple Choice

The percentage change in the overall level of prices in the economy is called:

• A) the inflation rate.
• B) the growth rate of GDP.
• C) GDP.
• D) GDP per capita.
• E) the interest rate.

Recognize the distinctions between qualitative and quantitative changes in cognitive development.

Identify the key concepts and unique contributions of Piaget's theory to developmental psychology.

Understand the impact of environmental limits on population growth rates.

Distinguish between r-selected and K-selected life strategies in organisms.