Cost-Push Inflation Might Initially Result from

question 197

Multiple Choice

Cost-push inflation might initially result from

• A)an increase in the quantity of money.
• B)a decrease in the quantity of money.
• C)the use of new technology.
• D)an increase in government expenditure.
• E)an increase in the cost of resources.

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Definitions:

Controlled Experiments

Experimental designs in which researchers manipulate variables under controlled conditions to determine cause and effect.

Correlation

A mutual relationship or connection between two or more things, where one does not necessarily cause the other.

Causal Relationship

A connection between two events where one is the effect of the other or happening as a result of the other.

Argument by Analogy

A form of reasoning that compares two different situations or things to draw a conclusion about their similarities.