If the Consumer Price Index Is 180 in Year 1

question 147

Multiple Choice

If the consumer price index is 180 in year 1 and 190 in year 2, the inflation rate between year 1 and year 2 is about:

• A)5.26%.
• B)5.56%.
• C)6.5%.
• D)10%.

Recognize effective follow-up strategies after submitting a résumé.

Identify the objectives of employers and job candidates during the interview process.

Understand the types and purposes of different pre-employment tests.

Recognize different types of interviews and their effectiveness in selecting candidates.

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Definitions:

Highlights

Key points or significant details that stand out within a larger context.

Preexisting Duty

An obligation that a party is already legally bound to perform, which cannot serve as consideration for a new contract.

Bilateral Contract

A type of agreement involving two parties where each side promises to fulfill certain obligations to the other; a mutual exchange of promises.

Unilateral Contract

A type of contract in which only one party makes a promise or commitment in exchange for an act performed by the other party.