Which Factor Contributed to the Demise of Stagflation During the 1982-1989

question 245

Multiple Choice

Which factor contributed to the demise of stagflation during the 1982-1989 period?

• A) a lessening of foreign competition
• B) the decline of the monopoly power of OPEC
• C) an increase in the per-unit cost of production
• D) an increase in regulation of the airline and trucking industries

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Definitions:

Reward

A benefit or positive reinforcement given for desirable behavior or performance, often used to encourage that behavior to happen again.

Behavioural Perspective

An approach in psychology focusing on observable behaviors and the ways in which environment conditions affect them.

Environmental Stimuli

External factors or changes in the environment that influence behavior or responses in organisms.

Anxiety

A feeling of worry, nervousness, or unease about something with an uncertain outcome, often reflecting a concern about future events.