In the Long Run, Which of the Following Does the Inflation

question 63

Multiple Choice

In the long run, which of the following does the inflation rate primarily depend on?

• A)the ability of unions to raise wages
• B)government spending
• C)the money supply growth rate
• D)the monopoly power of firms

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Definitions:

Biceps Femoris

A muscle of the thigh located at the back of the leg, part of the hamstrings group, involved in knee flexion and thigh extension.

Gastrocnemius

A major muscle located in the back part of the lower leg that helps in bending the knee and pushing the foot down, such as when walking or jumping.

Tibialis Anterior

A muscle in the lower leg that dorsiflexes and inverts the foot.

Calcaneal Tendon

Common tendon of the gastrocnemius, soleus, and plantaris muscle that attaches to the calcaneus; also called Achilles tendon.