The Primary Purpose of Measuring the Overall Level of Prices

question 175

Multiple Choice

The primary purpose of measuring the overall level of prices in the economy is to

• A) allow for the measurement of GDP.
• B) allow consumers to know what kinds of prices to expect in the future.
• C) allow for the comparison of dollar figures from different points in time.
• D) allow for the comparison of dollar figures from the same point in time.

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Definitions:

Fick's Law

Fick's law describes the rate of diffusion of a substance across a membrane, based on the concentration gradient, membrane surface area, and diffusion distance.

Diffusion

The passive movement of molecules from an area of higher concentration to an area of lower concentration until equilibrium is reached.

Alveolus

An air sac of the lung through which gas exchange with the blood takes place. Saclike unit of some glands (e.g., mammary glands). One of several flattened vesicles located just inside the plasma membrane in alveolate protists.

Partial Pressure

The pressure exerted by a singular type of gas in a mixture of gases.