Use the Figure Below to Answer the Following Question

question 77

Multiple Choice

Use the figure below to answer the following question.

Figure 28.1.5
-The economy starts out at a full-employment equilibrium.Some events then occur that generate a demand-pull inflation.
All of the following events except an increase in ________ might cause a demand-pull inflation.

• A)the money wage rate
• B)exports
• C)the quantity of money
• D)government expenditure
• E)transfer payments

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Definitions:

Seniority

The concept of giving priority or preference to individuals based on the length of time they have been employed or involved in an organization.

Charisma

A special charm or allure that inspires allegiance; an amalgam of inspirational traits or qualities of the leader, such as optimism, sense of adventure, and commitment to a cause.

Charisma

A personal quality that gives an individual influence or authority over large numbers of people, often resulting in a strong, almost magnetic, personal appeal.

Stability

The state of being resistant to change and not prone to wild fluctuations in emotion or other areas of life.