Consider a Nation in Which the Price Index Last Year

question 40

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 38% this year.
• E) Deflation was 38% this year.

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Definitions:

Emotional Reactivity

The extent to which a person reacts emotionally to events or situations, which can vary widely among individuals.

Mood

A temporary emotional state or atmosphere that can influence a person's perception and behavior.

Activity Level

The degree of physical movement or energy expenditure, often discussed in relation to individual differences in temperament or behavior.

Intellect

The faculty of reasoning, understanding, and acquiring knowledge, often considered a critical aspect of one’s mind or cognitive ability.