Which of the Following Is not considered a Basic Economic

question 41

Multiple Choice

Which of the following is not considered a basic economic force?

• A) Fiscal policy
• B) Monetary policy
• C) Inflation
• D) P/E ratio
• E) None of the above (that is, all are basic economic forces)

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Definitions:

Cultural Diffusion

The process through which cultural elements are borrowed from one society and incorporated into another, spreading ideas, beliefs, and innovations.

Hybrids of Cultures

The blending and merging of diverse cultures to create new, unique cultural phenomena or identities.

Ingenuity

The quality of being clever, original, and inventive, often in solving problems or creating something new.

Cultural Diffusion

The spread of cultural beliefs and social activities from one group of people to another.