When Flat Screen Televisions Were First Introduced in 1997 They

question 113

Multiple Choice

When flat screen televisions were first introduced in 1997 they were priced at $15,000.If the CPI in 1997 was 160 and the CPI in 2019 is 265,then this price is equivalent to approximately ______________________in 2019 dollars.If the average flat screen TV sells for $550 in 2019,the percentage change between the inflation-adjusted price of a flat screen TV in 1997 and the actual price in 2019 price is ___________.

• A) $15,469; -96.4 percent
• B) $19,887; -95.6 percent
• C) $24,844; -97.7 percent
• D) $154; 3.6 percent
• E) $367; 8.3 percent

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Definitions:

Flat Affect

A severe reduction in emotional expressiveness where individuals appear extremely calm and impassive, often seen in mental health conditions.

Repetitive Movement

Actions or motions that are performed over and over again, often indicative of a behavioral or neurological condition.

Disorganized Speech

Disorganized speech is a type of communication disorder characterized by disjointed or incoherent speech patterns, often seen in certain psychiatric conditions.

Positive Symptoms

In psychiatry, symptoms that represent an excess or distortion of normal functions, such as hallucinations or delusions.