The Consumer Price Index in 1979 Was 72

question 267

Multiple Choice

The consumer price index in 1979 was 72.6. In 1980, it was 82.4. What was the rate of inflation from 1979 to 1980?

• A) 13.5%
• B) 11.89%
• C) 17.6%
• D) 9.8%

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Definitions:

Negative Feelings

Unpleasant emotions such as sadness, anger, frustration, or disappointment, which can impact interpersonal relations and decision-making.

Dominate

To exert control or power over; be in a position of authority or commanding influence.

Integrative Negotiation

A negotiation strategy that involves cooperative efforts to reach a mutually beneficial agreement by addressing the interests and needs of all parties involved.

Motivated

Having a desire or willingness to achieve something, often with enthusiasm or determination.