A Statement That Is Often Used to Describe Demand-Pull Inflation

question 32

Multiple Choice

A statement that is often used to describe demand-pull inflation is

• A)"A rising tide lifts all boats."
• B)"Money is easily earned, but not easily saved."
• C)"too much money chasing too few goods."
• D)"There is no such thing as a free lunch."

---

Definitions:

Group Development

The process by which a group evolves over time, usually through stages of forming, storming, norming, performing, and adjourning.

Intimacy

A close, familiar, and usually affectionate or loving personal relationship with another person or group.

Tuckman Model

A theory describing the phases of group development: forming, storming, norming, performing, and adjourning.

Group Development

The process through which a group evolves, passes through different stages, and matures in its functionality and relationships.