To Graphically Show How the Consumer Price Index Has Changed

question 19

Multiple Choice

To graphically show how the Consumer Price Index has changed over the last 50 years, one should draw a

• A) bar graph with horizontal bars of equal widths.
• B) pie chart.
• C) line graph with time on the vertical axis.
• D) line graph with time on the horizontal axis
• E) scatterplot.

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Definitions:

Attitudes

Psychological tendencies expressed by evaluating an entity with some degree of favor or disfavor, influenced by experiences, beliefs, and behaviors.

Feelings

Emotional states or reactions that are subjective and experienced internally, influenced by personal perceptions, thoughts, and experiences.

Cognitive Dissonance

The psychological discomfort experienced by an individual who holds two or more contradictory beliefs, ideas, or values at the same time, leading to tension and the motivation to reduce the dissonance by changing beliefs or behaviors.

Festinger

Leon Festinger, a social psychologist known for his theory of cognitive dissonance, which describes the discomfort felt when holding conflicting ideas or beliefs.