Stagflation Usually Results from

question 115

Multiple Choice

Stagflation usually results from

• A)a supply shock.
• B)a decrease in aggregate demand.
• C)an increase in aggregate supply.
• D)an increase in aggregate demand.

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Definitions:

Physiological Needs

Basic human necessities required for survival, such as food, water, shelter, and sleep; the foundational level in Maslow's hierarchy of needs.

Affiliation Needs

The inherent human desire to belong to a group or form close and interpersonal relationships.

Esteem Needs

Refers to the human desire for respect, self-esteem, and recognition from others, considered a higher-level need in Maslow's hierarchy of needs.

Security Needs

The requirements essential for an individual's or organization's safety, protection, and freedom from threats or harm.