The Table Below Shows the Price Index for China Starting

question 8

Multiple Choice

The table below shows the price index for China starting in 2000. $$\begin{array} { | c | c | } \hline \text { Year } & \text { Price Index } \\\hline 2000 & 100.0 \\\hline 2001 & 100.73 \\\hline 2002 & 99.95 \\\hline 2003 & 101.12 \\\hline 2004 & 105.06 \\\hline 2005 & 106.95 \\\hline 2006 & 108.52 \\\hline\end{array}$$
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Which of the following statements correctly describe the behavior of prices in China?

• A) The cost of the CPI basket decreased in 2002.
• B) China experienced a high price level and high inflation.
• C) Inflation reached 73% between the base year and 2001.
• D) The inflation rate between 2005 and 2006 was 14.4 percent.

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Definitions:

Emmetropia

The condition of the eye where the optical system is perfectly matched to the length of the eyeball, resulting in sharp vision at all distances.

Visual Acuity

The clarity or sharpness of vision, often measured by the ability to discern letters or numbers at a standardized distance on an eye chart.

Conjunctivitis

An inflammation or infection of the outer membrane of the eyeball and the inner eyelid, also known as pink eye.

Chalazion

A benign, painless bump or nodule inside the upper or lower eyelid caused by inflammation of a meibomian gland.