Which of the Following Pairs of Values of the Consumer

question 308

Multiple Choice

Which of the following pairs of values of the consumer price index (CPI) is consistent with an inflation rate of 14 percent for 2011?

• A)CPI in 2011 = 150; CPI in 2012 = 164
• B)CPI in 2011 = 150; CPI in 2012 = 171
• C)CPI in 2010 = 150; CPI in 2011 = 164
• D)CPI in 2010 = 150; CPI in 2011 = 171

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Definitions:

Demographers

Experts who study the statistical characteristics of human populations, such as births, deaths, ages, and migrations, to understand trends and predict future shifts.

Net Migration Rates

A statistic that calculates the difference between the number of individuals entering a country (immigrants) and leaving a country (emigrants) per 1,000 inhabitants in a given year.

Migration

The movement of people from one place to another with the intention of settling temporarily or permanently in the new location.

Basic Demographic

Fundamental population characteristics such as age, sex, and race used in analysis and policy development.