Which of the Following Would Most Likely Be an Example

question 49

Multiple Choice

Which of the following would most likely be an example of a child's first spoken word?

• A) The child's name
• B) "Down"
• C) "Red"
• D) "Bottle"

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Definitions:

CPI

The Consumer Price Index is an indicator that calculates the average weighted prices of a range of consumer goods and services, serving as a gauge for inflation.

CPI

The Consumer Price Index is a metric that calculates the average prices of a selected group of consumer goods and services, such as healthcare, transportation, and food, using a weighted average system.

Price Index

A statistical measure that examines and tracks the changes in price levels of a basket of goods and services over time, used to measure inflation or cost of living changes.

GDP Deflator

A metric reflecting the price rates of freshly created, domestically made, final goods and services in an economic system.