One of the Explanations for the High Rates of Inflation

question 19

True/False

One of the explanations for the high rates of inflation in the 1970s is a productivity slowdown.

---

Definitions:

Moralists

Individuals or thinkers who focus on questions of morality and ethics, often promoting specific values and principles as foundational to good human conduct.

Physical Pleasure

Gratification stemming from tactile sensations or bodily activities, often associated with taste, touch, and other senses.

Rudyard Kipling

An English writer and poet known for his works of fiction and poetry set in the British Empire, including "The Jungle Book" and "If—".