Multiple Choice
Cost push in?ation can be caused by:
A) a substantial increase in the level of government spending.
B) a decrease in the income tax rates.
C) an increase in the pace of technological innovation.
D) an increase in the prices of oil, wheat and other commodities.
Correct Answer:
Verified
Correct Answer:
Verified
Q29: National income at basic prices is calculated
Q30: Suppose the demand for construction jobs declines
Q31: Which of the following implies that the
Q32: The level of gross domestic product (GDP)
Q33: Unemployment that results when a worker quits
Q35: Which of the following is a possible
Q36: Classical unemployment occurs when individuals have left
Q37: The participation rate for an economy refers
Q38: In order to reduce structural unemployment, unemployed
Q39: The central bank uses taxation in order