A Consumer Expenditure Survey Reports the Following Information on Entertainment

question 25

Multiple Choice

A consumer expenditure survey reports the following information on entertainment spending: $$\begin{array} { | l | c | c | c | c | } \hline & { 2005 } && { 2006 } \\\hline & \text { Price } & \text { Quantity } & \text { Price } & \text { Quantity } \\\hline \text { Movies } & \$ 7 & 5 & \$ 8 & 7 \\\hline \text { Concerts } & \$ 30 & 2 & \$ 35 & 2 \\\hline \text { CDs } & \$ 16 & 7 & \$ 15 & 10 \\\hline\end{array}$$ Using 2005 as the base year, by how much does a "cost of entertainment" index increase between 2005 and 2006?

• A) 3.86%
• B) 8.65%
• C) 13.43%
• D) 29.41%

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Definitions:

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, often related to atherosclerosis or buildup of plaque in the arteries.

Ages

Various stages of human life characterized by specific developmental milestones, health care needs, and social roles.

Cardiovascular Disease

A class of diseases that involve the heart or blood vessels, including coronary artery disease, hypertension, and stroke, often related to atherosclerosis.

Stress

A physical or emotional response to external or internal challenges, perceived as threatening or demanding.