Inflation Caused by an Increase in Aggregate Spending Is Referred

question 84

Multiple Choice

Inflation caused by an increase in aggregate spending is referred to as

• A)cost-push inflation.
• B)anticipated inflation.
• C)demand-pull inflation.
• D)hyperinflation.

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Definitions:

Persuasion

The act of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal.

Speaker's Appearance

The physical look of a speaker, which can influence audience perception and reception of the message communicated.

Cognitive Dissonance

Cognitive dissonance is a psychological concept describing the discomfort experienced when holding contradictory beliefs, values, or attitudes, typically leading to a change in one of them to reduce the dissonance.

Attitudes

are psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.