Large or Persistent Inflation Is Almost Always Caused by

question 79

Multiple Choice

Large or persistent inflation is almost always caused by

• A) excessive government spending.
• B) excessive growth in the quantity of money.
• C) foreign competition.
• D) higher-than-normal levels of productivity.

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Definitions:

Psychological Empowerment

The feeling of self-efficacy, autonomy, and importance that an individual experiences in their work, contributing to a sense of control over their tasks and outcomes.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.

Self-Determination

The process or right of people to control their own life, make their own decisions, and pursue their own goals without external interference.

Psychological Capital

An individual's positive psychological state, characterized by self-efficacy, optimism, hope, and resilience.