High Inflation That Persists Beyond the Ending of Expansionary Policies

question 91

Multiple Choice

High inflation that persists beyond the ending of expansionary policies is probably ________.

• A)demand-pull inflation
• B)Humphrey-Hawkins inflation
• C)cost-push inflation
• D)a result of unemployment remaining below the natural rate
• E)none of the above

Understand the concepts of cost, price, and demand in economic models.

Identify factors contributing to undercoverage in statistical analyses.

Analyze market equilibrium and the effects of price changes on supply and demand balance.

Calculate markup percentage in retail pricing.

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