This Type of Inflation Is a Result of Increases in Aggregate

question 25

Multiple Choice

This type of inflation is a result of increases in aggregate demand.

• A)Hyperinflation
• B)Cost-push
• C)Stagflation
• D)Demand-pull

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Definitions:

Materials

Raw inputs or basic substances used in the manufacturing or production process to create finished goods.

Materials Requisition

The document or electronic request used within a company to authorize the withdrawal of materials from inventory for use in the production process or other internal use.

Purchase Requisition

A document generated by a user or department within a company to request the purchase of specific goods or services.

Receiving Report

A document used to record the receipt of goods at the receiving dock of a company, providing details on the shipment received, including quantity and condition.