If the Price Index Was 90 in Year 1,100 in Year

question 194

Multiple Choice

If the price index was 90 in year 1,100 in year 2,and 95 in year 3,then the economy experienced

• A)10 percent inflation between years 1 and 2 ,and 5 percent inflation between years 2 and 3.
• B)10 percent inflation between years 1 and 2,and 5 percent deflation between years 2 and 3.
• C)11.1 percent inflation between years 1 and 2,and 5 percent inflation between years 2 and 3.
• D)11.1 percent inflation between years 1 and 2,and 5 percent deflation between years 2 and 3.

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Definitions:

Visual Acuity

Visual acuity or the precision in seeing, often assessed by the capacity to recognize letters or numbers at a given distance.

Snellen Chart

A chart commonly used to measure visual acuity that consists of letters of progressively smaller size, used during eye examinations.

Near Vision Acuity

The ability to see clearly at a close range, typically measured to evaluate eyesight for reading and other close-up tasks.

Jaeger Chart

An eye chart used for reading up close and for determining near vision.