One-Shot Inflation Can Be Caused by

question 92

Multiple Choice

One-shot inflation can be caused by

• A) increases in aggregate demand only.
• B) decreases in aggregate supply only.
• C) either increases in aggregate demand or decreases in aggregate supply.
• D) neither increases in aggregate demand nor decreases in aggregate supply.

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Definitions:

Marketing Applications

The use of marketing strategies, tools, and techniques to promote and sell products or services.

Materialism

A value system that places a high importance on the acquisition and possession of material goods and wealth as a measure of success or happiness.

Negative Consequences

Undesirable outcomes resulting from an action or decision, often causing harm or loss.

Concrete Language

Language that describes specific, observable things, actions, or physical entities, as opposed to abstract concepts.