Related to the Economics in Practice on P

question 100

Multiple Choice

Related to the Economics in Practice on p. 133: The Consumer Price Index in the United States was 207.3 in 2007, 215.3 in 2008 and 214.5 in 2009. If a retiree's pension is tied to the CPI, his monthly pension check would have increased from ________, and decreased from ________.

• A) 2007 to 2008; 2008 to 2009
• B) 2008 to 2009; 2007 to 2008
• C) 2007 to 2008; 2007 to 2009
• D) 2007 to 2009; 2007 to 2008

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Definitions:

Employment Equity Plan

A strategic document outlining specific actions an organization will take to achieve employment equity and fair treatment for all employees.

Commitment

The state or quality of being dedicated to a cause, activity, or job; wholehearted devotion.

Representative Workforce

An employee base that reflects the diversity of the demographic composition of the society it operates in.

Demographic Composition

The statistical characteristics of a population, including aspects such as age, race, gender, and income levels.