If the Consumer Price Index (CPI)is 160 One Year and 175

question 127

Multiple Choice

If the consumer price index (CPI) is 160 one year and 175 the next,the annual rate of inflation as measured by the CPI is approximately _____.

• A)4.5 percent
• B)8.6 percent
• C)9.4 percent
• D)15 percent
• E)175 percent

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Definitions:

Gold Star

A symbol of commendation or recognition for outstanding achievement or quality.

Primary Reinforcer

A stimulus that satisfies basic survival needs and is inherently rewarding, such as food, water, or shelter, which does not require learning to be effective.

Secondary Reinforcer

A conditioned reinforcer that gains its reinforcing power through its association with a primary reinforcer; examples include money, grades, or tokens.

Variable Interval

A schedule of reinforcement where a response is rewarded after an unpredictable amount of time has passed, making it a powerful tool in the study of operant conditioning.