The Main Sources of Cost-Push Inflation Are Increases in

question 74

Multiple Choice

The main sources of cost-push inflation are increases in

• A) the real wage rate and the price of raw materials.
• B) the quantity of money and the real wage rate.
• C) the money wage rate and aggregate demand.
• D) government expenditure and the quantity of money.
• E) the money wage rate and the price of raw materials.

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Definitions:

Affirmative Action

Policies and procedures designed to promote the employment, education, or advancement of minorities and women, to correct past disadvantages.

Minority Group Members

Individuals belonging to a smaller segment within a population, often distinguished by racial, religious, ethnic, or socio-economic differences.

Discrimination

Unfair treatment or prejudice against people based on race, age, gender, or other characteristics rather than individual merit.

Employment

A relationship between an employer and an employee where the employee is paid for carrying out assigned tasks.