The Main Sources of Cost-Push Inflation Are Increases in

question 307

Multiple Choice

The main sources of cost-push inflation are increases in

• A)the money wage rate and the price of raw materials.
• B)the real wage rate and the price of raw materials.
• C)the money wage rate and aggregate demand.
• D)the quantity of money and the real wage rate.
• E)government expenditure and the quantity of money.

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Definitions:

Gain Or Loss

The financial result that occurs when the selling price of an asset differs from its original purchase price or adjusted basis.

Accrued Interest

Interest that has been earned but not yet received or paid, reflecting the cost of borrowing or the earnings on interest-bearing assets over a period.

Annual Interest Rate

The percentage of interest you earn or pay on an investment or loan over a year, not accounting for compounding.

Interest Receivable

An accounting term for interest income that has been earned but not yet received in cash.