If the Consumer Price Index Increased from 1

question 103

Multiple Choice

If the consumer price index increased from 1.52 to 1.65, then it must be the case that ________ relative to prices in the base year.

• A)all prices rose
• B)the weighted average level of prices rose
• C)all prices fell
• D)some prices rose and some prices fell

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Definitions:

Hallucinations

Awareness of phenomena during alertness and wakefulness, without external input, that resemble the characteristics of genuine perception.

Schizophrenic Disorders

A collection of serious psychological conditions marked by disturbed thinking, sensing, and feelings, which result in a disconnect from actuality.

Thought

The process of using one’s mind to consider or reason about something, reflecting cognitive activities such as reasoning, remembering, imagining, and planning.

Perception

The process by which sensory information is organized and interpreted by the brain to make sense of its environment.