Exhibit 19-4

question 40

Multiple Choice

Exhibit 19-4.Consider the following data on the prices (in dollars) of three items,A,B,and C,from 2000 through 2002. Refer to Exhibit 19-4.Compute the unweighted price index for the three items for 2002,using 2000 as the base year.

• A)98.26
• B)98.48
• C)109
• D)101.46

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Definitions:

Months

Units of time in calendars that constitute approximately one-twelfth of a year.

Years

Years are units of time that represent the period it takes for the Earth to complete one orbit around the Sun, commonly used to measure the duration of events and age.

Procedural Memory

Procedural memory is a type of long-term memory that enables people to perform tasks without conscious awareness of the previous experiences that underlie those tasks, such as riding a bike or typing.

Declarative Memory

The aspect of human memory that involves the ability to consciously recall facts and events.