If the Price Level Last Year Was 180 and This

question 15

Multiple Choice

If the price level last year was 180 and this year it is 176,then

• A)there was inflation of 2.3 percent.
• B)there was inflation of 4.0 percent.
• C)there was deflation of 2.2 percent.
• D)there was deflation of 4.0 percent.

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Definitions:

Leadership

The act of guiding, directing, and influencing others towards the achievement of goals.

Planning

The process of defining an organization’s goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Flexibility

The ability to adapt to new, different, or changing requirements and situations.

Orientation

The introduction process for new employees or members to familiarize them with the organization's operations, culture, and policies.