A Common Error of Business Managers Is to Blame Inflation

question 167

Multiple Choice

A common error of business managers is to blame inflation on

• A)consumer spending.
• B)rising wages.
• C)rising prices.
• D)rising interest rates.
• E)rising unemployment.

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Definitions:

Poorhouses

Institutions that provided support and shelter for the impoverished and destitute, historically common in the 19th and early 20th centuries.

Significant Career

A profession or occupation that an individual pursues, often with considerable dedication and achievement, that has a meaningful impact on their field or society.

Common Schools

Tax-supported state schools of the early nineteenth century open to all children.

Nineteenth Century

The period from January 1, 1801, to December 31, 1900, marked by significant industrial, cultural, and political developments worldwide.