Cost-Push Inflation Is

question 83

Multiple Choice

Cost-push inflation is:

• A) only due to an increase in the cost of raw materials.
• B) due to a reduction in demand.
• C) only due to an increase in the cost of borrowing.
• D) due to an increase in the cost of any inputs used in production.

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Definitions:

Rogers

A reference to Carl Rogers, an influential figure in psychology known for his person-centered approach to therapy and development of humanistic psychology.

Physiological

Related to the functions and processes within living organisms and their parts.

Belongingness

The human emotional need to be an accepted member of a group, whether it is family, friends, colleagues, or within a community.

Esteem

The respect, admiration, and confidence an individual has in themselves; a fundamental human need for feeling valued and validated.