Inflation Arising from a Rise in the Price of Imported

question 64

Multiple Choice

Inflation arising from a rise in the price of imported input goods like copper is an example of

• A) demand-pull inflation.
• B) cost-push inflation.
• C) both of the above.
• D) neither of the above.

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Definitions:

2-Butanone

An organic compound, also known as methyl ethyl ketone, with the formula CH3COC2H5, used as a solvent.

Acid Chloride

A class of organic compounds derived from acids by replacing a hydroxyl group with a chlorine atom, often used as intermediates in synthesis.

Carboxylic Acid

Organic compounds characterized by the presence of a carboxyl group (-COOH), which consists of a carbon atom double-bonded to an oxygen atom and bonded to a hydroxyl group.

(COCl)2

Phosgene gas, a toxic compound used in organic synthesis, characterized by the formula, with two carbonyl chloride groups.