Which of the Following Will Lead to Sustained Inflation

question 74

Multiple Choice

Which of the following will lead to sustained inflation?

• A)the imposition of a new sales tax
• B)the sudden doubling of a key raw materials price
• C)a new payroll tax that raises firms' unit labour costs
• D)persistent expectations of continued inflation
• E)an early frost that damages the agricultural harvest

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Definitions:

Other Person's Perspective

The consideration and understanding of someone else's viewpoint or position in a situation or discussion.

Stress Prevention

Strategies and measures implemented to reduce or eliminate stressors in the environment to improve wellbeing and productivity.

Personal Wellness

Encompasses the physical, mental, and emotional health and well-being of an individual.

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Values that are considered as a means to an end, guiding how we achieve our desired goals, such as honesty, ambition, and responsibility.