Demand-Pull Inflation Is Caused By

question 33

Multiple Choice

Demand-pull inflation is caused by:

• A) increases in wages pulling up prices.
• B) increases in aggregate demand.
• C) decreases in aggregate supply.
• D) consumers demanding better quality,which increases costs.

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Definitions:

Contributory Negligence

A legal doctrine that reduces the amount of damages a plaintiff can recover in a negligence-based claim, based upon the degree to which the plaintiff's own negligence contributed to the cause of the injury.

Last Clear Opportunity

A legal principle in some tort law jurisdictions that allows the defendant to be exempted from liability if it can be shown they had no final clear chance to avoid the accident.

Comparative Negligence

A principle of tort law that reduces the amount of damages a plaintiff can recover in a negligence-based lawsuit, proportionate to the plaintiff's degree of fault.

Res Ipsa Loquitur

A legal principle that allows for the presumption of negligence in a lawsuit based on the nature of the accident, even without direct evidence of the defendant's fault.