Which of the Following Could Lead to a Period of Cost-

question 78

Multiple Choice

Which of the following could lead to a period of cost- push inflation?

• A) an increase in aggregate supply in the economy
• B) a high growth rate of real wages
• C) an increase in aggregate demand in the economy
• D) automatic fiscal stabilisers

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Definitions:

Passing-Off

The tort of misleading the public about the identity of a business or product.

Employment Contract

A formal agreement specifying the terms and conditions of the relationship between an employer and an employee.

Trademark

A symbol, word, or phrase legally registered or established by use as representing a company or product.

Registration

The act of recording or enrolling details or documents formally with an official body or registry.