A CPI That Equals 1

question 141

Multiple Choice

A CPI that equals 1.34 in 2016 (when 2010 is the base year) means that:

• A)prices in 2016 are 34 percent higher than in 2015.
• B)the CPI equals $1.34 in 2016.
• C)the inflation rate in 2016 is 134 percent.
• D)the average level of prices is 34 percent higher in 2016 than in the base year.

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Definitions:

Crista Ampullaris

Elevation on the inner surface of the ampulla of each semicircular duct for dynamic or kinetic equilibrium.

Semicircular Canals

Structures in the inner ear that are key to maintaining balance by detecting head movements.

Cupulae

Gelatinous, dome-shaped structures found in the semicircular canals of the inner ear, crucial for detecting rotational movements of the head.

Papilla

Small, nipplelike process; projection of the dermis, containing blood vessels and nerves, into the epidermis; projections on the surface of the tongue.