Table 20-19 -Refer to Table 20-19

question 137

Multiple Choice

Table 20-19
$$\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Nominal Average Hourly } \\\text { Earnings }\end{array} & \begin{array} { c } \text { CPI } \\( \mathbf { 1 9 8 2 - 1 9 8 4 } = \mathbf { 1 0 0 } ) \end{array} \\\hline 2014 & \$ 10 & 100 \\\hline 2015 & 10 & 105 \\\hline 2016 & 12 & 110 \\\hline\end{array}$$
-Refer to Table 20-19.Looking at the table above,what is the rate of growth of the average price level from 2015 to 2016?

• A)1%
• B)2%
• C)3.5%
• D)4.76%
• E)5.25%

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Definitions:

Self-esteem

The overall value or worth that an individual assigns to themselves, impacting their confidence and behavior.

Sensitivity

The ability to perceive and respond to differences in the environment or in one's own internal states.

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is one of the five senses, pertaining to the ability to detect and identify scents or odors.

Cardiovascular Systems

Pertains to the system comprising the heart and blood vessels, responsible for circulating blood throughout the body.