Inflation Occurs Whenever

question 70

Multiple Choice

Inflation occurs whenever

• A)the price level rises.
• B)the money supply increases.
• C)the price level rises continuously over a period of time.
• D)the price level falls continuously over a period of time.

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Definitions:

Labor Market

The supply and demand for workers, where employees provide the labor and employers provide the wages or salary.

Crime Rates

The frequency of crimes occurring within a specific geographical area or population over a set period of time, often used as an indicator of social stability or unrest.

Behavior

The actions or reactions of an individual or group in response to external or internal stimuli.

Differential Association Theory

A sociological theory proposing that individuals learn deviant behavior from those close to them who provide models of and opportunities for deviance.