An Increase in the Rate of Inflation Would Likely Result

question 160

Multiple Choice

An increase in the rate of inflation would likely result from a(n)

• A) decrease in spending by the federal government.
• B) rise in the unemployment rate.
• C) rise in interest rates.
• D) increase in the supply of money in circulation.

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Definitions:

Legitimate Power

Power that is officially recognized and derived from a position of authority within an organization or society.

Referent Power

A form of power that stems from being admired or respected, often because of personality, skills, or relationships.

Expert Power

The ability to influence others based on the perception of an individual's expertise or knowledge in a specific area.

Always The Boss

A phrase describing someone who consistently takes charge or behaves in an authoritative way in various situations.