Demand-pull inflation persists because of
A) continuing increases in government expenditures.
B) continuing increases in the quantity of money.
C) continuing increases in the real wage rate.
D) continuing decreases in the money wage rate.
E) continuing increases in aggregate supply.
B
Economics
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Settlers often received 50 acres of land for each person whose passage they paid to America. This was known as
a. a special purpose grant. b. an entailment. c. the headright system. d. planter's shares.
Economics
If the CPI declines from one year to the next, then which one of the following statements is not true?
A. The CPI turns negative in the next year. B. There is deflation. C. The inflation rate is negative. D. The average price level is decreasing.
Economics