Which of the Following Is NOT a Potential

question 327

Multiple Choice

Which of the following is NOT a potential start of a demand-pull inflation?

• A) an increase in government expenditure
• B) an increase in the quantity of money
• C) an increase in exports
• D) an increase in the money wage rate

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Definitions:

Self-Concept

An individual's perception of themselves, including awareness of their characteristics and abilities.

Mental Models

Cognitive frameworks consisting of our assumptions and understanding of the world, which we use to interpret and respond to situations.

Categorical Thinking

The cognitive process of organizing information and perceptions into categories, which simplifies understanding but can lead to stereotypes or oversimplifications.

Categorical Thinking

The cognitive process of organizing information by grouping similar objects, ideas, or events into categories.