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It Was Reported by a Beijing Newspaper That China Succeeded

question 186

True/False

It was reported by a Beijing newspaper that China succeeded in improving its people's standard of living and establishing a relatively affluent society in the past seven years.This report clearly indicates that both income levels and the price of goods and services rose significantly during that time period.
If the people of China improved their standard of living,this means that they can purchase more with their current income than they were able to do in the past.In order to purchase the same or more goods than they were able to purchase in the past,the price of goods and services either stayed the same or decreased;or the price of goods and services stayed the same,but income levels rose.


Definitions:

Phagocytic

Pertaining to cells that have the ability to engulf and absorb particles or other cells through a process called phagocytosis, key for immune defense.

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A hormone produced by the kidneys that stimulates red blood cell production in response to low oxygen levels in the body's tissues.

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