Table 20-9 -Refer to Table 20-9

question 82

Multiple Choice

Table 20-9
$$\begin{array} { | c | c | } \hline \text { Year } & \text { CPI } ( \mathbf { 1 9 8 2 - 1 9 8 4 } = \mathbf { 1 0 0 } ) \\\hline 2015 & 100 \\\hline 2016 & 113 \\\hline\end{array}$$
-Refer to Table 20-9.Suppose that the data in the table above reflect the price levels in the economy.Given that data,we can say that the cost of living rose by ________ between 2015 and 2016?

• A)2%
• B)5%
• C)8%
• D)11%
• E)13%

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Definitions:

Damages

Monetary compensation that is awarded by a court to a person who has suffered loss or harm due to the wrongful act of another.

Plaintiff

The party who initiates a lawsuit by filing a complaint against the defendant, alleging wrongdoing or breach of contract.

Remoteness Test

A legal principle used to determine if the damage suffered from a breach of contract or tort was foreseeable and therefore compensable.

Negligence Action

A legal proceeding initiated because someone failed to take reasonable care, resulting in harm or damage to another.