A Rise in the Price Level Because of an Increase

question 292

Multiple Choice

A rise in the price level because of an increase in the money wage rate

• A) definitely triggers a cost-push inflation.
• B) definitely triggers a demand-pull inflation.
• C) might trigger a cost-push inflation.
• D) might trigger a demand-pull inflation.

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Definitions:

Carbon Atoms

The core building blocks of organic molecules, consisting of six protons, six neutrons, and six electrons.

Structure

Refers to the arrangement of atoms or molecules in a substance, determining its chemical composition and properties.

Aromatic Hydrocarbons

Compounds that contain one or more benzene rings, noted for their stability and aromaticity.

Molecule

The smallest particle in a chemical element or compound that has the chemical properties of that element or compound, composed of atoms bonded together.