The Price of a Certain Amount of Goods and Services

question 55

Multiple Choice

The price of a certain amount of goods and services a year back was $200.If price increased by 4 percent during the year, how much money is required to buy the same amount of goods today?

• A)$208
• B)$204
• C)$400
• D)$404

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Definitions:

Sugar Reabsorption

The process by which the kidneys filter and reabsorb glucose back into the bloodstream, preventing excess sugar from being excreted in urine.

Threshold

A minimum amount of supplies to be maintained; also known as par level.

Afferent Arteriole

A small artery that carries blood toward the capillaries of the glomerulus in the kidney, playing a key role in regulating blood pressure and filtration rate.

Dialysis Solution

A fluid used in the process of dialysis, which is aimed at removing waste products and excess substances from the blood when the kidneys are not able to function efficiently.