Complete the Following Using the Terms Listed Below

question 63

Multiple Choice

Complete the following using the terms listed below:
-Price increases that reduce the amount of goods and services people can purchase with a given amount of money are the result of ______.

• A)Consumer Price Index (CPI)
• B)inflation
• C)gross domestic product (GDP)
• D)fiscal policy
• E)monetary policy
• F)equilibrium price
• G)budget deficit
• H)pure competition
• I)supply
• J)demand
• K)productivity
• L)recession
• M)microeconomics
• N)oligopoly
• O)monopoly

---

Definitions:

Physics

The natural science that studies matter, its motion and behavior through space and time, and the related entities of energy and force.

Emergency Services

Critical public services that provide rapid assistance in situations of immediate danger or urgent need, such as police, fire brigade, and ambulance services.

Paramedics

Healthcare professionals who provide advanced emergency medical care and transportation for critically ill or injured patients.

Business Deal

An agreement between parties in the business sector, typically involving the exchange of goods, services, or information.