Table 12-19 -Refer to Table 12-19

question 23

Multiple Choice

Table 12-19
$\begin{array}{|l|c|r|}\hline & \mathbf{2 0 1 7} & {\mathbf{2 0 1 8}} \\\hline \text { Nominal GDP } & \$ 10,000 & \$ 12,000 \\\hline \text { Real GDP } & 9,500 & 10,500 \\\hline\end{array}$
-Refer to Table 12-19.Given the information above,calculate the rate of increase in the price level from 2017 to 2018.

• A) 8.6%
• B) 7.9%
• C) -7.9%
• D) -8.6%

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Definitions:

Interpersonal Differences

Variations among individuals in terms of their behaviors, attitudes, and communication styles in social settings.

Felt Conflict

The personal and emotional experience of discord or opposition between individuals or within an individual.

Antecedent Conditions

Factors or circumstances existing before a particular event or decision that influence its outcome.

Substantive

Of considerable importance or worth, having substance and not merely theoretical or formal.