Inflation Resulting from an Oil Price Shock Is Classified as Which

question 37

Multiple Choice

Inflation resulting from an oil price shock is classified as which of the following?

• A)Demand-pull inflation
• B)Supply-push inflation
• C)Cost-push inflation
• D)Price-pull inflation

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Definitions:

Masculinization

The process of developing male physical characteristics or traits, often driven by hormonal changes, either naturally during puberty or as a result of medical interventions.

Progestin

A synthetic hormone used to maintain pregnancy that can cause masculinization of the fetus.

Motility

Self-propulsion.

Self-propulsion

The ability of an object or being to move itself using internal force, without the need for external aid.