A Statement That Is Often Used to Describe Demand-Pull Inflation

question 92

Multiple Choice

A statement that is often used to describe demand-pull inflation is:

• A)a rising tide lifts all boats.
• B)money is easily earned, but not easily saved.
• C)too much spending chasing too few goods.
• D)there is no such thing as a free lunch.

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Definitions:

Contraries

Things or propositions that are opposite in nature, characteristic, or definition.

Universal

Including, relating to, or affecting all members of the class or group under consideration.

Particular

Referring to a specific detail or instance among general examples.

Associative Play

A stage of play in child development where children play together, sharing materials and ideas, but not necessarily working towards a common goal.