Demand-Pull Inflation Can Result When

question 47

Multiple Choice

Demand-pull inflation can result when

• A)policymakers set an unemployment target that is too high.
• B)a persistent budget deficit is financed by selling bonds to the public.
• C)a persistent budget deficit is financed by selling bonds to the central bank.
• D)workers get numerous wage increases.

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Definitions:

Implied Terms

Implied terms are provisions in a contract that are not explicitly stated but are understood to exist based on the nature of the agreement, legal requirements, or business practices.

Exemption Clause

A contract term that attempts to limit or exclude one party's liability for certain eventualities or damages.

Deliverable State

A condition referring to the readiness or suitability of a product or property to be handed over or delivered as per an agreement.

Standard-Sized Cupboards

Standard-sized cupboards refer to storage units with dimensions that adhere to commonly accepted measurements for such furniture, facilitating compatibility and uniformity in spaces.