The CPI for "Personal Computers and Peripheral Equipment" in June

question 31

Multiple Choice

The CPI for "personal computers and peripheral equipment" in June 2006 was 10.7 (1982-1984 = 100) . Interpret this index.

• A)There was no significant increase in the price of "personal computers and peripheral equipment."
• B)The price of "personal computers and peripheral equipment" increased 10.7%.
• C)The price of "personal computers and peripheral equipment" decreased 89.3%.
• D)If the average price of a computer in 1982-1984 was $3,000,the CPI for "personal computers and peripheral equipment" would predict that the price of a computer in June 2006 would be $893.

---

Definitions:

Restricted Seaways

Narrow bodies of water that connect two larger bodies of water, often with limited water flow and unique ecological conditions.

Ocean Basins

Large depressions on the Earth's surface that contain the world's oceans, formed by plate tectonics and shaped by geological processes.

Continents Position

The location of the Earth's continents, which changes over geological time due to the movement of tectonic plates.

Carbonate Rocks

Sedimentary rocks, such as limestone or dolomite, formed predominantly from carbonate minerals.