Cost-Push Inflation Can Start with

question 210

Multiple Choice

Cost-push inflation can start with

• A) a decrease in investment.
• B) an increase in oil prices.
• C) an increase in government expenditure.
• D) a decrease in the quantity of money.

---

Definitions:

Primacy Effect

The propensity to better remember items presented at the outset of a list compared to those that are mentioned later.

First Information

Initial data or knowledge received about a subject or situation, often crucial for decision-making processes.

Social Loafing

The phenomenon where individuals put forth less effort when working in a group compared to when working alone.

Implicit Association Test (IAT)

A psychological assessment tool that measures the strength of association between concepts in a person's mind, revealing unconscious biases.