Which of the Following Is a Correct Statement

question 1

Multiple Choice

Which of the following is a correct statement?

• A) It is relatively easy to distinguish between cost-push and demand-pull inflation even if you don't know the source of the inflation.
• B) A supply shock will cause a variation of demand-pull inflation that can lead to hyperinflation.
• C) Demand-pull inflation will continue so long as there is excess total spending in the economy.
• D) Demand-pull inflation is usually accompanied by higher unemployment rates.

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Definitions:

Parallel Distributed Processing

A computational approach in cognitive science that models information processing by simulating networks of interconnected nodes, akin to neural networks in the brain.

Connectionism

A theoretical framework in cognitive science that represents mental or behavioral phenomena as networks of simple units, suggesting that cognitive processes can be understood in terms of networks or connections between neural units.

Artificial Neural Networks

Computational models inspired by the human brain's structure and function, designed to recognize patterns and solve problems.

Active System

A mechanism or process that requires energy to operate and actively manages or controls conditions.