According to the Consumer Price Index (CPI),in a Particular Year,the

question 33

Multiple Choice

According to the consumer price index (CPI) ,in a particular year,the price of gasoline rises in the United States by 22%; simultaneously,the price of all food items falls by 8%.Which statement is correct?

• A) If gasoline prices rise in more of the 38 geographical locations than those in which it stays the same or falls, the food price changes are irrelevant.
• B) This means that the price of gasoline must have increased in more of the 38 geographical locations where the CPI is measured and food prices must have fallen in more of those 38 locations.
• C) Based solely on the information given, we cannot conclude what happened to the CPI.
• D) This means that the price of gasoline and food rose in every geographic location where the CPI is measured.
• E) This means that the price of gasoline and food rose in every place where gasoline and food are sold in the United States during that year.

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Definitions:

Coping Behaviors

Strategies or actions taken by individuals in response to stressors or challenges, aimed at managing or reducing stress and emotional discomfort.

Low Self-esteem

A condition characterized by a lack of confidence and feeling unworthy of love, respect, or consideration by others.

Identity Confusion

A psychological state characterized by uncertainty, conflict, or disorientation regarding one's sense of self or personal identity.

Dispositional Attribution

The tendency to attribute someone's behavior to their personality or character rather than to external factors.