Inflation Can Be Started by

question 379

Multiple Choice

Inflation can be started by

• A) a decrease in aggregate supply or a decrease in aggregate demand.
• B) an increase in aggregate supply or a decrease in aggregate demand.
• C) a decrease in aggregate supply or an increase in aggregate demand.
• D) an increase in aggregate supply or an increase in aggregate demand.

---

Definitions:

Countercyclical Sales

Countercyclical sales refer to revenues generated from products or services whose demand increases during economic downturns, opposite to the general market trend.

PEST Analysis

A strategic tool used to analyze a company's external environment in four areas: Political, Economic, Social, and Technological factors.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.