If Inflation in Wonderland Averaged About 20% Per Month in 2008

question 48

Multiple Choice

If inflation in Wonderland averaged about 20% per month in 2008, what was the annual inflation rate?

• A)20%
• B)240%
• C)790%
• D)890%

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Definitions:

Utilitarianism

A theory in normative ethics holding that the best moral action is the one that maximizes utility or happiness for the greatest number of people.

Positivism

A philosophical approach that emphasizes the observational and empirical evidence as the foundation for knowledge and understanding.

Biological Determinism

The idea that biological factors such as genetic makeup determine human behavior and societal roles.

Hard Deviance

Activities or behaviors that strongly deviate from societal norms and are often perceived as being harmful or criminal by the general public.