At Full Employment, an Increase in the Quantity of Money

question 87

Multiple Choice

At full employment, an increase in the quantity of money (ceteris paribus) can start

• A)demand-pull inflation, as can an increase in government expenditure.
• B)demand-pull inflation, but an increase in government expenditure cannot.
• C)cost-push inflation, as can an increase in government expenditure.
• D)cost-push inflation, but an increase in government expenditure cannot.
• E)demand-pull and a cost-push inflation, as can an increase in government expenditure.

---

Definitions:

Interviewer Illusion

The tendency for interviewers to overestimate their ability to evaluate interviewees accurately, often leading to biased judgments.

Face-To-Face Conversations

Direct communication between people in the same location, allowing for immediate feedback and nonverbal cues.

360-Degree Feedback

A performance appraisal system where an employee receives feedback from all stakeholders, including superiors, peers, and subordinates.

Performance Appraisals

A systematic evaluation process in which the performance of employees is assessed, typically by their superiors, to provide feedback and guide future development.