When oil and energy prices rise, the economy tends to experience:

A.  Natural inflation
B.  Demand-pull inflation
C.  Cost-push inflation
D.  Unanticipated inflation

C.  Cost-push inflation

Economics

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The idea that individuals should be taxed in proportion to the marginal benefits that they receive from public goods is called

A) the horizontal-equity principle. B) the ability-to-pay principle. C) the benefits-received principle. D) the vertical-equity principle.

Economics

The cumulative probability distribution shows the probability

A) that a random variable is less than or equal to a particular value. B) of two or more events occurring at once. C) of all possible events occurring. D) that a random variable takes on a particular value given that another event has happened.

Economics