If the Price Index in Period 2 Is 105 and the Price

question 246

Multiple Choice

If the price index in period 2 is 105 and the price index in period 3 is 122, the rate of inflation between period 2 and period 3 is

• A) 11.6%.
• B) 12.9%.
• C) 16.2%.
• D) 17.0%.

---

Definitions:

Intrinsically Rewarding

An activity or task that is fulfilling and satisfying in itself, without the need for external rewards or recognition.

Organizational Socialization

The process by which a new employee learns the norms, values, behaviors, and social knowledge necessary to become an integrated member of an organization.

Task Demands

The specific requirements or challenges associated with a job or task, including the physical and mental effort required.

Culture

The shared beliefs, behaviors, and norms within an organization that shape its social and work environment.