Table 6-6 the Table Below Applies to an Economy with Only

question 241

Multiple Choice

Table 6-6. The table below applies to an economy with only two goods - hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs.

-Refer to Table 6-6. Between 2010 and 2011, the cost of living increased by

• A) 5.30 percent.
• B) 6.36 percent.
• C) 7.78 percent.
• D) We need to know the base year in order to answer this question.

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Definitions:

Adult Americans

Individuals over the age of 18 who are citizens or permanent residents of the United States.

Disordered Anxiety

An excessive and persistent feeling of apprehension, often with physical symptoms, that disrupts daily functioning.

Persistent

Exhibiting tenacity and determination, continuing to exist or endure over a prolonged period.

Distressing

Pertains to causing anxiety, sorrow, or pain; emotionally troubling.