Which of the Following Changes in the Price Index Produces

question 63

Multiple Choice

Which of the following changes in the price index produces the greatest rate of inflation: 80 to 100,100 to 120,or 150 to 170?

• A)80 to 100
• B)100 to 120
• C)150 to 170
• D)All of these changes produce the same rate of inflation.

---

Definitions:

Spatial Orientation

An individual's ability to recognize themselves or objects in relation to environment, direction, and position in space.

Numeric Ability

The capacity to understand, manipulate, and interpret numbers and mathematical concepts.

Warner Schaie

An American psychologist known for his research on adult development and aging, particularly his work on the Seattle Longitudinal Study which investigates cognitive changes across the lifespan.

Procedural Memory

A type of long-term memory that encompasses the skills and routines that are performed automatically or without conscious thought, such as riding a bike or tying shoelaces.