Which of the Following Anti-Inflation Policies Imposes Costs on Society

question 130

Multiple Choice

Which of the following anti-inflation policies imposes costs on society?

• A)price controls
• B)indexation
• C)reduced growth in nominal demand
• D)all of these

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Definitions:

Locus of Control

A psychological concept that describes the degree to which individuals believe they have control over the outcomes of events in their lives.

Departmentalization

The process of dividing an organization into different departments, which perform specific functions or tasks.

Geographical

Relating to the natural features, population, industries, etc. of different regions of the Earth.

Functional

Designed to be practical and useful, often relating to the specific duties or activities that an object or person performs.