Other Things Being Equal, If Input Prices Rise in a Country

question 349

Multiple Choice

Other things being equal, if input prices rise in a country, then there would be

• A)cost-push inflation.
• B)demand-pull inflation.
• C)cost-push deflation.
• D)more production and a lower price level.

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Definitions:

Grammatical Sentences

Sequences of words constructed according to the rules of grammar for a particular language, effectively conveying meaning.

Language Acquisition Device

Hypothetical innate capability of human beings proposed by Noam Chomsky that allows for the learning of languages, especially during childhood.

Behaviourist Theory

A psychological approach that emphasizes the study of observable behaviors, especially as they pertain to the process of learning, without reference to mental states.

Overregularizations

A language development error where children apply grammatical rules too broadly, often observed in early language learning.