Which of the Following Could Trigger Supply-Side Inflation

question 158

Multiple Choice

Which of the following could trigger supply-side inflation?

• A)a decrease in the wage rate for all workers 
• B)an increase in raw materials' prices 
• C)an increase in productivity of capital 
• D)an increase in the labor force

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Definitions:

Property Taxes

Taxes charged by local governments on real estate and sometimes personal property, based on the assessed value of the property.

Special Assessment

A charge that local governments impose on property owners to fund specific projects, such as infrastructure improvements, which directly benefit the property owners.

Derived Tax Revenues

Revenues obtained from taxes that are not directly levied on income or profits but are instead based on the use or consumption of goods and services.

Committed

Refers to being pledged or bound to a certain course or policy, especially in the context of project or resource planning.