Inflation Initiated by Increases in Wages or Other Resource Prices

question 51

Multiple Choice

Inflation initiated by increases in wages or other resource prices is labelled:

• A)demand-pull inflation.
• B)demand-push inflation.
• C)cost-push inflation.
• D)cost-pull inflation.

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Definitions:

Surveillance

The careful monitoring, particularly of an individual suspected of espionage or criminal activities.

Disorganized Majorities

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Media Polls

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Audience Effects

Changes in a person's behavior, performance, or response when they are aware of an audience.