Cost-Push Inflation May Be Caused by

question 20

Multiple Choice

Cost-push inflation may be caused by

• A)a decline in per-unit production costs.
• B)a decrease in wage rates.
• C)a negative supply shock.
• D)an increase in resource availability.

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Definitions:

Tentative Communication

Communication that is not assertive, often characterized by hesitancy and lack of confidence in the message being conveyed.

Orientation Level

The initial degree of awareness, knowledge, or preparation a person has regarding a specific topic, environment, or task.

Ambiguity

The quality of being open to more than one interpretation; lack of definiteness or clarity in meaning.

Group Development

The process through which a group goes through stages of formation, from initial meeting to effectively working together towards goals.