Which of the Following Causes Stagflation

question 67

Multiple Choice

Which of the following causes stagflation?

• A)Workers push costs upward and thereby initiate inflation.
• B)Wage increases equal productivity increases,thereby setting off inflation.
• C)A leftward shift in the aggregate demand curve.
• D)A leftward shift in the aggregate supply curve.

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Definitions:

Biological Patterns

The recurring or systematic features found within biological systems or entities, often indicative of underlying processes or genetic traits.

Folkways

Norms for routine or casual interaction that guide everyday behavior in a society, though they are not strictly enforced.

William Graham Sumner

A prominent American social scientist known for his work in sociology and anthropology, emphasizing social Darwinism and the conflict of social norms.

Behavior

Behavior encompasses the actions and reactions of an individual or group in response to external or internal stimuli.