A One-Time Increase in the Price of Oil Followed by a One-Time

question 288

Multiple Choice

A one-time increase in the price of oil followed by a one-time increase in aggregate demand produce

• A) continuing cost-push inflation.
• B) continuing demand-pull inflation.
• C) a one-time decrease in the price level.
• D) a one-time increase in the price level.

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Definitions:

Training Program

A structured course of activities designed to enhance skills, knowledge, and competency in a particular area.

Analyze Needs

The process of identifying and evaluating requirements or gaps in a system, process, or organization to enhance performance or outcomes.

Press Conference

A media event in which newsmakers invite journalists to hear them speak and, typically, ask questions.

Workplace Harassment

Inappropriate conduct or behavior in a work environment that creates an intimidating, hostile, or offensive workplace.