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:

Preferences

Individual or collective tastes or choices regarding products, services, or experiences, influenced by factors such as culture, personality, and socio-economic status.

Lackluster Sales

Sales that do not meet expectations or show little to no growth, often reflecting low consumer interest or demand.

Google Glass

A wearable technology with an optical head-mounted display designed by Google to provide a hands-free smartphone-like experience, where users can access information, take photos, and navigate using voice commands.

Privacy

The status of being protected against unauthorized access or exposure of individual data.