The Complexity in Recognizing the Type of Inflation

question 153

Multiple Choice

The complexity in recognizing the type of inflation:

• A)arises because demand-pull inflation always follows the cost-push inflation.
• B)arises because sometimes the original source of inflation is unknown.
• C)arises because cost-push inflation always follows the demand-pull inflation.
• D)arises because demand-pull inflation is self-limiting while cost-push inflation will continue as long as there is excess spending.

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Definitions:

Big Five

A model outlining five broad dimensions of personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Openness

A personality trait characterized by an appreciation for adventure, variety, and novel experiences.

Pessimistic Attributional Style

refers to a tendency to blame oneself for negative events and expect adverse outcomes, which can lead to depression and anxiety.

Self-Discipline

The ability to control one's feelings and overcome weaknesses; self-control that guides you to work toward your goals.