Which of the Following Factors Could Start a Demand-Pull Inflation

question 175

Multiple Choice

Which of the following factors could start a demand-pull inflation?

• A) an increase in tax rates
• B) a decrease in government expenditure
• C) a decrease in wage rates
• D) an increase in exports

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Definitions:

Unreasonable Risk

A situation or condition that poses a higher than acceptable likelihood of harm or negative outcome.

Criminal Background

A record of an individual’s history of criminal convictions and offenses.

Principal

The primary party involved in a transaction, agreement, or legal obligation, often responsible for fulfilling the terms of a contract.

Tort

A civil wrong or breach of duty to another person, as defined by law, that results in harm or injury, leading to legal liability.