Inflation Is a ________ Increase in the Price Level and It

question 90

Multiple Choice

Inflation is a ________ increase in the price level and it can be produced if the AD curve shifts up ________.

• A)continuous,continuously
• B)continuous,either once or continuously
• C)one-shot,once but only once
• D)one-shot,either once or continuously

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Definitions:

Business Climate

The economic and regulatory environment that affects the operation, growth, and profitability of businesses.

Industrialized Countries

are nations that have highly developed industries and infrastructure, often characterized by high levels of income and technology.

U.S. Labor Law

The collection of federal and state laws governing employment relationships, workplace rights, and labor organization in the United States.

Unionization Rates

The percentage of workers in a particular sector, industry, or region that are members of a labor union.