In the Long Run, the Major Cause of Inflation Is

question 58

True/False

In the long run, the major cause of inflation is excessive government spending.

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Definitions:

Intrapreneur

An employee within a company who promotes innovative product development and marketing by leveraging entrepreneurial skills.

Research and Development

A business or government activity that involves the investment of resources in innovation and improvement of products, services, or processes.

Effective Communication

Communication whereby the right people receive the right information in a timely manner.

Innovation

The process of introducing new ideas, methods, or products to improve efficiency, effectiveness, or competitive advantage.