The Chief Difference Between One-Shot Inflation and Continued Inflation Is

question 17

Multiple Choice

The chief difference between one-shot inflation and continued inflation is that

• A) Keynesians believe all inflations are one-shot inflations and monetarists believe all inflations are continued inflations.
• B) one-shot inflation is long and continued inflation is short.
• C) one-shot inflation is a single increase in the price level and continued inflation is a sustained increase in the price level.
• D) monetarists believe all inflations are one-shot inflations and Keynesians believe all inflations are continued inflations.

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Definitions:

Unconscious Fantasies

Mental processes and imagined scenarios that are not readily available to conscious awareness, often influencing behavior and emotions subtly.

Punishment

The imposition of a penalty in response to an undesirable behavior, with the intention to reduce or eliminate that behavior.

Aversive Event

An unpleasant or uncomfortable occurrence that an individual seeks to avoid or escape.

Behavior Suppression

The act of consciously or unconsciously inhibiting or restraining one's own actions or reactions.