Suppose the Price Index Was 100 in 2004, 118 in 2005

question 145

Multiple Choice

Suppose the price index was 100 in 2004, 118 in 2005, and the inflation rate was lower between 2005 and 2006 than it was between 2004 and 2005. This means that

• A)the price index in 2006 was lower than 118.
• B)the price index in 2006 was lower than 136.
• C)the price index in 2006 was lower than 139.24.
• D)the inflation rate between 2005 and 2006 was lower than 1.18 percent.

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Definitions:

Antibias Attitude

A stance or approach that actively counters biases, prejudices, and discrimination based on characteristics such as race, gender, sexuality, and ability.

Racial Injustice

The unfair treatment of individuals based on race, often manifesting through systemic inequality, discrimination, and prejudice.

Gender Inequities

The unfair differences between genders in various aspects of life, including social, political, economic, and health dimensions.

Differential Treatment

Refers to treating individuals or groups differently based on certain attributes or conditions, which can be either positive or negative in various contexts.