When the Consumer Price Index Increases from 100 to 120

question 116

Multiple Choice

When the Consumer Price Index increases from 100 to 120

• A)more money is needed to buy the same amount of goods,so the value of money falls.
• B)more money is needed to buy the same amount of goods,so the value of money rises.
• C)less money is needed to buy the same amount of goods,so the value of money falls.
• D)less money is needed to buy the same amount of goods,so the value of money rises.

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Definitions:

Development

The process of growth, progress, or evolution, often in a social, economic, or biological context.

Disease Prevention

Measures or activities aimed at preventing the onset of diseases by mitigating risk factors or enhancing resistance.

Life Expectancy

The average number of years an individual is expected to live, based on current age and mortality rates.

Major Effects

Significant impacts or outcomes resulting from a specific cause, event, or decision, which can be observed in various contexts such as health, environment, or society.