Consider the Following Data on the Prices of Three Items

question 29

Multiple Choice

Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002. If the price of item C in 2002 was 210 instead of 207, which of the following is the unweighted aggregate price index for 2002 for the three items, using 2000 as the base year?

• A) 98.09
• B) 100.45
• C) 102.03
• D) 101.94

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Definitions:

Affiliation

The state or process of affiliating or being affiliated with a larger organization, group, or ideology.

Self-determination Theory

A psychological theory of motivation that emphasizes the role of autonomy, competence, and relatedness in fostering motivation and psychological growth.

Unconditional Positive Regard

A term in humanistic psychology referring to accepting and supporting someone without judging or imposing conditions.

Carl Rogers

An influential American psychologist who founded the person-centered approach to therapy, emphasizing the importance of self and the potential for personal growth.