During the 1970s, Inflation Occurred Because OPEC Increased Oil Prices

question 94

Multiple Choice

During the 1970s, inflation occurred because OPEC increased oil prices.Which term is used to refer to the inflation experienced at this time?  

• A) demand-pull inflation 
• B) hyperinflation 
• C) cost-push inflation 
• D) cyclical inflation

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Definitions:

Individualized

Tailored or customized to meet the unique needs, preferences, or conditions of an individual, especially in contexts like education, healthcare, or personal plans.

Goal-Directed Nursing Care

A systematic nursing approach that focuses on achieving specific outcomes for patients through carefully planned and executed care strategies.

Graphic Record

A visual record or display of data, particularly those relating to time and motion, which can be analyzed or used for further understanding of a process or event.

Progress Record

Documentation detailing a patient's medical history, treatment plans, and health changes over time.