In the Long Run, Inflation Is Caused by

question 10

Multiple Choice

In the long run, inflation is caused by

• A)governments that raise taxes so high that it increases the cost of doing business and, hence, raise prices.
• B)banks that have market power and refuse to lend money.
• C)None of these answers.
• D)governments that print too much money.
• E)increases in the price of inputs, such as labour and oil.

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A standardized test widely used for college admissions in the United States, assessing reading, writing, and mathematics skills.

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A standardized test used for college admissions in the United States, assessing English, mathematics, reading, and science reasoning.

Educational Inequality

The unequal distribution of academic resources and opportunities among students based on various socio-economic, ethnic, or other characteristics.

Race

A classification of humans based on physical and genetic characteristics, often associated with culture and social identity.