Multiple Choice
A rise in the price level because of an increase in the price of oil
A) might trigger a demand-pull inflation.
B) might trigger a cost-push inflation.
C) definitely triggers a cost-push inflation.
D) definitely triggers a demand-pull inflation.
Correct Answer:
Verified
Correct Answer:
Verified
Q101: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q221: An increase in the natural unemployment rate
Q231: "As the economy moves upward along its
Q298: If the Fed responds to an increase
Q299: A one-time rise in the price level
Q303: The long-run Phillips curve shows that in
Q304: Oil prices increase sharply, raising the price
Q306: Which theory maintains that the money wage
Q348: What are sources that can start a
Q407: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above