Table 20-21 Source: Energy Information Administration

question 53

Essay

Table 20-21
Source: Energy Information Administration
-Refer to Table 20-21. The table above reports the consumer price index and the average U.S. retail price for unleaded regular gasoline for four different periods since 1976. Note that the gasoline prices are in cents per gallon.
Calculate the real average retail price of unleaded regular gasoline in 1982-1984 dollars. In which period were gasoline prices the highest in real terms? Also, calculate the real average retail price of unleaded regular gasoline in 2011 dollars.

Distinguish between strong and weak situations and their impact on norms for behavior.

Examine the importance of various values within different cultures through empirical research.

Understand the psychological effects of cultural and identity challenges.

Differentiate between violations of autonomy and divinity morals and their societal reactions.

---

Definitions:

Selfish Impulses

Inclinations or urges to act in a way that prioritizes one's own interests over the welfare of others.

Emotional Stability

A personality trait indicative of how much a person's emotions fluctuate and how easily they can emotionally recover from stress or negative situations.

Extraversion/Introversion

Personality traits that describe how outgoing and social or how reserved and solitary an individual is.

Openness to Experience

A personality trait that describes the degree to which a person is open to new experiences, curious, imaginative, and willing to explore novel ideas.