Assume the Average Annual CPI Values for 2015 and 2016

question 118

Multiple Choice

Assume the average annual CPI values for 2015 and 2016 were 207.3 and 215.3,respectively.What was the percent increase in the CPI between these two years?

• A)0.96
• B)1.04
• C)3.86
• D)8.0

---

Definitions:

Universal Law

A principle or rule that is thought to be applicable to all members of a group or category without exception.

Moral Sentiment

The emotional aspect of morality, including feelings of right and wrong, that influences ethical decision-making.

Resentment

A type of moral outrage that occurs when we ourselves are treated unjustly.

Moral Sentiment

Feelings or emotions that guide or influence ethical behavior and moral judgments.