Inflation Can Be Caused

question 28

Multiple Choice

Inflation can be caused:

• A)only by increases in aggregate demand.
• B)only by increases in aggregate supply.
• C)only by decreases in aggregate supply.
• D)by increases in aggregate supply or decreases in aggregate demand.
• E)by increases in aggregate demand or decreases in aggregate supply.

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Definitions:

Syllogism Validity

Syllogism validity refers to the logical soundness of a syllogism, where if the premises are true, the conclusions necessarily follow.

Syllogism Form

A logical structure that uses three statements to arrive at a conclusion, based on deductive reasoning.

Syllogism Validity

The measure of whether a syllogism (a form of logical argument that applies deductive reasoning to arrive at a conclusion) holds correct logical form and, thus, guarantees the truth of the conclusion if the premises are true.

Syllogism Validity

A measure of whether a syllogism (a form of reasoning in which a conclusion is drawn from two given or assumed propositions) logically follows from its premises.