If the Rate of Inflation Is 7% Per Year,how Long

question 8

Multiple Choice

If the rate of inflation is 7% per year,how long will it take for the price level to double?

• A)4 years.
• B)10 years.
• C)7 years.
• D)12 years.
• E)14 years.

---

Definitions:

Smell

Refers to the sense that detects chemicals in the environment, allowing for the perception of odors.

Temperament

The innate aspects of an individual's personality, such as introversion or extroversion, often evident from early childhood and influencing behavior.

Teratogens

Agents or factors that cause malformation of an embryo or fetus.

Zygotes

The initial cell formed when a new organism is conceived, resulting from the union of sperm and egg cells.