Which Statement Is True

question 10

Multiple Choice

Which statement is true?

• A)Cost-push inflation may be summed up as "too many dollars chasing too few goods."
• B)Profit-push inflation is a variant of demand-pull inflation.
• C)Demand-pull inflation usually happens during wars.
• D)The wage-price spiral is the basic cause of demand-pull inflation.

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Definitions:

Physiological

Relating to the normal functions of living organisms and their parts, including all physical and chemical processes.

Self-concept

An individual's perception of themselves, shaped by their thoughts, feelings, and experiences.

Core Value

Fundamental beliefs or guiding principles that dictate behavior and action within an organization or individual, helping to shape its culture and decision-making.

Key Trait

A distinguishing characteristic or quality that significantly contributes to the identity or functionality of something.