Statscan Publishes the Monthly CPI (Consumer Price Index)

question 13

Multiple Choice

Statscan publishes the monthly CPI (consumer price index) . This index shows the change in prices paid by urban consumers for a market basket of goods and services. These data are

• A) Cross-sectional
• B) Nominal
• C) Categorical
• D) Time Series
• E) Ordinal

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Definitions:

Methaqualone

A sedative and hypnotic medication popular in the past, now banned in many countries due to high potential for abuse.

Methamphetamine

A potent central nervous system stimulant often used recreationally and as a second-line treatment for attention deficit hyperactivity disorder and obesity.

Amphetamine

A stimulant drug that affects the central nervous system, used medically to treat attention deficit hyperactivity disorder (ADHD) and narcolepsy.

Tranquilizers

Medications used to treat anxiety and tension by reducing the central nervous system's activity, often prescribed for their sedative and muscle-relaxing effects.