Examlex
Which of the following statements is true regarding IQ scores?
Unemployment Rate
The percentage reflecting those who are in the labor force and are not employed, yet are seeking employment.
Cost-push Inflation
Inflation caused by an increase in prices of inputs like labour, raw material, etc. It’s when the supply side of the economy’s production function becomes more expensive.
Demand-pull Inflation
Inflation that occurs when the demand for goods and services exceeds their supply, leading to an increase in prices.
Demand-pull Inflation
A situation where inflation is caused by an increase in demand for goods and services, exceeding the available supply.
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