Demand-Pull Inflation Can Develop When

question 23

Multiple Choice

Demand-pull inflation can develop when

• A)There is a shortage of investment and investors bid up interest rates.
• B)Inventories shrink and consumers bid up prices.
• C)There is a surplus of resources and so wages are bid up by employers.
• D)Undesired investment occurs.

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Definitions:

T Statistic Value

A value derived from a T-test used to determine if there is a significant difference between the means of two groups.

Degrees Of Freedom

The number of independent values or quantities that can vary in the analysis without breaking any constraints.

Obtained Value

The actual value measured or calculated from a statistical test, which is compared against the critical value to draw conclusions.

Test Computation

The process of calculating results from test data, often using statistical methods to analyze the data.