In 1949,Sycamore,Illinois Built a Hospital for About $500,000

question 42

Multiple Choice

In 1949,Sycamore,Illinois built a hospital for about $500,000.In 1987,the county restored the courthouse for about $1.7 million.A price index for nonresidential construction was 24 in 1949,108 in 1987,and 126.5 in 2000.According to these numbers,the hospital cost about

• A)$2.1 million in 2000 dollars,which is less than the cost of the courthouse restoration in 2000 dollars.
• B)$2.1 million in 2000 dollars,which is more than the cost of the courthouse restoration in 2000 dollars.
• C)$2.6 million in 2000 dollars,which is less than the cost of the courthouse restoration in 2000 dollars.
• D)$2.6 million in 2000 dollars,which is more than the cost of the courthouse restoration in 2000 dollars.

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Definitions:

Self-Contradiction

A statement that denies itself, presenting an inconsistency that renders the statement false.

Conjunction

In grammar, a word that connects clauses, sentences, or words; in logic, an operator that combines two boolean variables or propositions to return true only if both operands are true.

Biconditional

A logical statement where both parts must be true or false together; often expressed as "if and only if."

Self-Contradictions

Statements or propositions that are inherently inconsistent with themselves, meaning they cannot both be true in the same context or under the same conditions.