Multiple Choice
Which of the following statements is FALSE?
A) Expectations affect demand-pull but not cost-push inflation since price increases come after the goods are produced.
B) Inflation need not come solely from the sellers' or the buyers' side of the market, it can come simultaneously from both sides.
C) Cost-push inflation can result from bargaining power by resource owners, limited resource availabilities, or chance events.
D) Cost-push inflation more likely results when cost increases push up the product prices of large firms or a significant number of smaller firms.
Correct Answer:

Verified
Correct Answer:
Verified
Q156: Macroeconomics examines:<br>A) employment, output, and inflation.<br>B) pricing,
Q157: Deflation refers to:<br>A) a decrease in output
Q158: If money GDP was $6.0 trillion in
Q159: Possibly, the economy may have to trade
Q160: Which of the following is NOT a
Q162: A comparison of the benefits and costs
Q163: In general over the past several decades,
Q164: Matt has just finished his first year
Q165: Economic growth can be illustrated by:<br>A) a
Q166: Cost-push inflation tends to occur when output