The Price Index Was 120 in 2006 and 127

question 214

Multiple Choice

The price index was 120 in 2006 and 127.2 in 2007. What was the inflation rate?

• A)5.7 percent
• B)6.0 percent
• C)7.2 percent
• D)27.2 percent

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Definitions:

Insulin

A hormone secreted by the pancreas that lowers blood glucose concentration.

Genetically Engineered

Refers to organisms whose genetic material has been artificially manipulated in a laboratory through genetic engineering techniques, often to express desired traits.

UV Radiation

Electromagnetic radiation with a wavelength shorter than that of visible light but longer than X-rays, capable of causing chemical reactions and damaging living tissues.

Oxygen

A reactive, life-supporting component of the air, primarily required for cellular respiration in aerobic organisms.