The Value of the Consumer Price Index Increased from 140

question 103

True/False

The value of the consumer price index increased from 140 to 147 during 2006. Nathan opened a bank account at the beginning of 2006, and at the end of 2006 his account balance was $12,840. The purchasing power of Nathan's account increased by 2 percent during the year. We can conclude that Nathan opened his account with a deposit of $11,500 at the beginning of 2006.

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Definitions:

Blood Cells

Components of blood, including red cells carrying oxygen, white cells defending against infection, and platelets aiding in clotting.

Yolk Sac

One of the extraembryonic membranes; a pouchlike outgrowth of the digestive tract of embryos of certain vertebrates (e.g., birds) that grows around the yolk and digests it. Embryonic blood cells are formed in the mammalian yolk sac, which lacks yolk.

Nuclear Equivalence

The principle suggesting that all somatic cells of an organism have the same genetic material and therefore, in theory, have the potential to develop into any type of cell or even a whole organism.

Differential Gene Expression

The process by which genes are turned on or off in different cell types, allowing for cellular diversity and function.