Table 13-19 -Refer to Table 13-19

question 123

Multiple Choice

Table 13-19
$\begin{array}{|c|c|c|}\hline \text { Year } & \begin{array}{c}\text { Nominal Average Hourly } \\\text { Earnings }\end{array} & \begin{array}{c}\text { CPI } \\(\mathbf{1 9 8 2 - 1 9 8 4}=\mathbf{1 0 0}) \end{array} \\\hline 2016 & \$ 10 & 100 \\\hline 2017 & 10 & 105 \\\hline 2018 & 12 & 110 \\\hline\end{array}$
-Refer to Table 13-19.Looking at the table above,what is the rate of growth of the average price level from 2017 to 2018?

• A) 1%
• B) 2%
• C) 3.5%
• D) 4.76%
• E) 5.25%

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Definitions:

Negligence Per Se

A doctrine in tort law in which an act is considered negligent because it violates a statute or regulation.

Joy Riding

The act of taking and driving another person's vehicle without the owner's consent, typically for leisure or thrill, without the intention to permanently deprive the owner of the vehicle.

Underage

Describes individuals who are below the legal age for certain rights or responsibilities, such as voting or purchasing alcohol.

Adult Activity

Activities considered suitable only for adults, often due to their mature or explicit nature.