Too Much Spending Will Cause

question 135

Multiple Choice

Too much spending will cause

• A) cost-push inflation.
• B) aggregate supply to increase.
• C) demand-pull inflation.
• D) aggregate supply to decrease.

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Definitions:

Operations Quality

The measure of excellence and efficiency within an organization's production processes and workflows, aimed at meeting or exceeding customer expectations.

Lean Production

A manufacturing methodology that focuses on minimising waste within manufacturing systems while simultaneously maximizing productivity.

Flexible Manufacturing

a production system designed to easily adapt to changes in the type and quantity of the product being manufactured.

Mediating Technology

Mediating technology involves tools or platforms that facilitate communication, interaction, or transaction between parties, often improving efficiency and accessibility.