Demand-Pull Inflation Is Caused By

question 45

Multiple Choice

Demand-pull inflation is caused by:

• A)high unemployment of resources in the economy.
• B)increase in tax rates by the government.
• C)trade unions' pressure for wage hike.
• D)increased spending when the economy is producing at maximum capacity.
• E)the supply side of the market.

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Definitions:

Cognitive Intervention

Techniques and strategies applied to modify cognitive processes, improve mental health, or enhance learning.

Reflexive Behaviour

An automatic, involuntary response to a specific stimulus without conscious thought.

Conditioned Stimulus

A previously neutral stimulus that, after being paired with an unconditioned stimulus, elicits a conditioned response.

Originally Neutral

Describes something that did not have a particular meaning, value, or impact until conditioned or associated with something else.