Which of the Following Can Start an Inflation

question 110

Multiple Choice

Which of the following can start an inflation?

• A) an increase in aggregate demand
• B) an increase in aggregate supply
• C) a decrease in aggregate supply
• D) Both answers A and C are correct.

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Definitions:

Executives

Senior level managers responsible for planning, directing, and overseeing a company's operations and strategic direction.

Yardsticks

Measures or standards used for comparison.

Preventive Actions

Measures taken to detect and eliminate potential causes of non-conformities or other undesirable situations before they occur.

Corrective Actions

Corrective actions refer to steps taken to identify, eliminate, and prevent the recurrence of undesirable behaviors or conditions in an organization or process.