For an Imaginary Economy,the Value of the Consumer Price Index

question 16

Multiple Choice

For an imaginary economy,the value of the consumer price index was 140 in 2013,and the inflation rate was 5.0 percent between 2013 and 2014.The consumer price index in 2014 was

• A)145.0.
• B)147.0.
• C)135.0.
• D)133.3.

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Definitions:

Inductive Reactance

The opposition that an inductor presents to the change in current flow due to its stored magnetic energy, expressed in ohms.

Parallel Circuit

An electrical circuit in which components are connected across common points or junctions to provide multiple paths for current to flow.

Inductive Reactance

The opposition that an inductor presents to alternating current, due to the inductor's tendency to resist changes in current flow, measured in Ohms (Ω).

Parallel Circuit

A type of electrical circuit in which multiple components are connected across the same voltage source, allowing current to split and flow through multiple paths.