If the Price Index for a Particular Year Is 75

question 117

Multiple Choice

If the price index for a particular year is 75, it implies that ________.

• A) prices have increased by 7.5% over the base year
• B) prices have increased by 0.75% over the base year
• C) prices have decreased by 0.25% compared to the base year
• D) prices have decreased by 25% compared to the base year

---

Definitions:

Innate Tendency

An inborn or natural predisposition to behave, act, or react in a certain manner.

Caregiver

A person who provides direct care, support, and assistance to someone in need, such as a child, elderly individual, or someone with disabilities.

Reactive Attachment Disorder

A rare but serious condition in which an infant or young child does not establish healthy attachments with parents or caregivers, potentially due to severe social neglect.

Disorganized-Disoriented Attachment Pattern

A type of attachment characterized by inconsistent and erratic behaviors towards caregivers, often observed in children.