Cost-Push Inflation Is

question 29

Multiple Choice

Cost-push inflation is

• A) inflation caused by increases in aggregate demand that generate an even larger increase in aggregate supply.
• B) inflation caused by increases in aggregate demand that are not matched by increases in aggregate supply.
• C) inflation caused by decreases in aggregate supply that generate an even larger decrease in aggregate demand.
• D) inflation caused by decreases in aggregate supply that are not matched by decreases in aggregate demand.

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Definitions:

Environment

The surrounding conditions or setting in which a person, plant, or animal lives or operates.

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Researchers who study how evolutionary theory applies to human behavior, including the adaptive functions of psychological traits.

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Adapting

The process of adjusting or conforming to new conditions or environments in order to cope with changes or challenges.