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Inflation Can Be Caused by Rapid Growth of Aggregate Demand

question 151

True/False

Inflation can be caused by rapid growth of aggregate demand or by sluggish growth of aggregate supply.


Definitions:

Separation Anxiety

The distress that most children develop, at about 6 to 8 months of age, when their primary caregivers temporarily leave them with strangers.

Primary Caregivers

Individuals who provide the majority of support and care for another person, often in a familial or professional context.

Insecurely Attached

Describing a type of attachment style where individuals have difficulty forming secure and trusting relationships with others.

Substandard Orphanage

A facility for orphaned children that fails to meet the basic standards of care, safety, or health.

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