The Consumer Price Index (1982-84 = 100) Reports a CPI

question 72

Multiple Choice

The Consumer Price Index (1982-84 = 100) reports a CPI in August 2010 for Rent of Shelter as 239.115. What is the percentage change in the price of Rent of Shelter compared to the base?

• A) Increased 139.115 percent
• B) Decreased 139.115 percent
• C) Increased 239.115 percent
• D) Decreased 239.115 percent

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Definitions:

Habits

Regular tendencies or practices, especially ones that are hard to give up.

Reinforcement Schedules

The strategies used in behavior modification that determine how and when a response will be rewarded.

Mentally Alert

The state of being aware and able to think and respond quickly; sharpness of mind.

Intermittent

Occurring at irregular intervals; not continuous or steady.