Which of the Following Is an Important Cause of Inflation

question 73

Multiple Choice

Which of the following is an important cause of inflation in an economy?

• A)increases in productivity in the economy
• B)the influence of positive externalities on the economy
• C)lack of property rights in the economy
• D)growth in the quantity of money in the economy

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Definitions:

Foreclosure

In psychology, it refers to Marcia’s identity status where an individual commits to an identity without exploring options, often following authoritative figures or norms.

Free Will-Determinism

The philosophical debate regarding the extent to which humans have the freedom to make choices versus being influenced by external factors or destiny.

Erikson's Theory

A developmental theory by Erik Erikson that outlines eight stages of psychosocial development throughout the human life cycle.

Partially Deterministic

A concept in which outcomes are determined by a combination of deterministic and random (or probabilistic) factors.