Suppose That Between 2004 and 2014, Jack's Salary Increased from $100,000

question 9

Multiple Choice

Suppose that between 2004 and 2014, Jack's salary increased from $100,000 to $200,000 per year and the price index increased from 100 to 300 during the same period. Which of the following statements best describes Jack's situation?

• A)his real income and money income have both increased
• B)his real income increased and money income decreased
• C)his real income and money income both decreased
• D)his real income decreased and money income increased
• E)his real income and money income remained unchanged

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Definitions:

Long-Term Potentiation

An enduring improvement in communication strength between two neurons due to their simultaneous stimulation.

Firing Potential

The electrical charge difference that triggers a neuron to release chemical signals to communicate with other neurons or muscles; also known as action potential.

Neuron

A nerve cell; the basic building block of the nervous system.

Memory Trace

A term used to describe the physical change in the brain, possibly in the form of neural connections, that represents the existence of a memory.