Suppose the Price Index Was 105 in 2007, 115

question 294

Multiple Choice

Suppose the price index was 105 in 2007, 115.5 in 2008, and the inflation rate was lower between 2008 and 2009 than it was between 2007 and 2008. This means that

• A)the price index in 2009 was lower than 115.5.
• B)the price index in 2009 was lower than 126.
• C)the price index in 2009 was lower than 127.05.
• D)the inflation rate between 2008 and 2009 was lower than 1.1 percent.

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Definitions:

Cognitive-behavioral Therapy

A form of psychotherapy that treats problems and boosts happiness by modifying dysfunctional emotions, behaviors, and thoughts.

Maladaptive Automatic Thoughts

Negative and involuntary thoughts that arise automatically in response to specific situations and contribute to emotional distress.

Primary Attitudes

The fundamental or core beliefs and feelings an individual holds towards objects, people, or concepts, which can influence behavior and perceptions.

Assumptions

Beliefs or statements taken as true without concrete evidence to support them.