Cost-Push Inflation Starts with

question 128

Multiple Choice

Cost-push inflation starts with

• A)an increase in aggregate demand.
• B)a decrease in aggregate demand.
• C)an increase in aggregate supply.
• D)a decrease in aggregate supply.
• E)an increase in potential GDP.

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Definitions:

Owners' Initial Investment

The initial amount of money or resources contributed by the owners to start a business.

Profits

The profit made when the money earned from business operations is more than the expenses, costs, and taxes needed to maintain the operations.

Open Book Management

Practice of sharing financial information with employees and teaching them how to understand and use financial statements.

Financial Information

Data regarding the financial performance and position of an individual or entity, including statements, reports, budgets, and financial indicators.