Large or Persistent Inflation Is Almost Always Caused by

question 79

Multiple Choice

Large or persistent inflation is almost always caused by

• A) excessive government spending.
• B) excessive growth in the quantity of money.
• C) foreign competition.
• D) higher-than-normal levels of productivity.

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Definitions:

Reaction Formation

A psychological strategy wherein a person subconsciously swaps out undesirable emotions or ideas with their direct contrasts.

Displacement

In psychology, a defense mechanism where negative feelings are transferred from the original source of the emotion to a less threatening person or object.

Identification

The process by which an individual aligns themselves with the values, beliefs, or behaviors of another person or group.

Superego

In psychoanalytic theory, the part of the personality that represents internalized ideals, morals, and societal norms, guiding behavior through conscience.