Inflation Occurs Largely as a Result Of

question 63

Multiple Choice

Inflation occurs largely as a result of:

• A) the government having a large debt.
• B) a shortage in the supply of goods or services.
• C) the government printing too much money.
• D) a recession.

---

Definitions:

Tax Avoidance

The legal usage of the tax regime to one's own advantage, to reduce the amount of tax that is payable.

Behavioral Economics

An area of economic research that incorporates psychological insights into human behavior to explain economic decision-making.

Rational Economics

An approach to economics that assumes individuals make decisions based on logical evaluation of available information, aiming for maximum utility.

Learned Behavior

Actions or reactions that an individual acquires through experience or by being taught.