In the Long Run Inflation Is Explained by __________

question 34

Essay

In the long run inflation is explained by __________. For countries that had hyperinflation this source of inflation arose primarily because the government __________.

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Definitions:

Transductive Reasoning

Reasoning from the specific to the specific.

Fast Mapping

A cognitive process in early language development where children quickly associate new words with their meanings.

Animism

The belief or worldview that objects, places, and creatures all possess a distinct spiritual essence or consciousness.

Inner Speech

Vygotsky’s concept of the ultimate binding of language and thought. Inner speech originates in vocalizations that may regulate the child’s behavior and become internalized by age six or seven.