13. Inflation caused by a rise in the prices of inputs is referred to as: A....
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13. Inflation caused by a rise in the prices of inputs is referred to as: A. Cost-push inflation 8. Demand-pull inflation C. Unanticipated inflation D. Hyperinflation -14. The amount of consumption in an economy correlates: A. Inversely with the level of disposable income B. Directly with the level of disposable income C. Directly with the level of saving D. Directly with the rate of interest 15.. Dissaving occurs when: A. Income is greater than saving B. Income is less than consumption C. Saving is greater than consumption D. Saving is greater than the interest rate 16. The so-called Paradox of Thrift that became quite obvious in the Great Recession of 2007-2009 refers to all of the following, except: A. Saving may be virtuous for the individual, but it could be bad for the economy as a whole B. Consumers becoming thriftier may help long-term growth, but ironically reduces current output C. In trying to spend less now, consumers will end up spending more later on D. As individuals try to save more, the whole group may end up saving less as total income declines 17. An investment demand curve shows the varying amounts of investment that would be undertaken at various levels of: A. Average price in the economy B. Consumer spending C. Personal saving D. Real interest rate 13. Inflation caused by a rise in the prices of inputs is referred to as: A. Cost-push inflation 8. Demand-pull inflation C. Unanticipated inflation D. Hyperinflation -14. The amount of consumption in an economy correlates: A. Inversely with the level of disposable income B. Directly with the level of disposable income C. Directly with the level of saving D. Directly with the rate of interest 15.. Dissaving occurs when: A. Income is greater than saving B. Income is less than consumption C. Saving is greater than consumption D. Saving is greater than the interest rate 16. The so-called Paradox of Thrift that became quite obvious in the Great Recession of 2007-2009 refers to all of the following, except: A. Saving may be virtuous for the individual, but it could be bad for the economy as a whole B. Consumers becoming thriftier may help long-term growth, but ironically reduces current output C. In trying to spend less now, consumers will end up spending more later on D. As individuals try to save more, the whole group may end up saving less as total income declines 17. An investment demand curve shows the varying amounts of investment that would be undertaken at various levels of: A. Average price in the economy B. Consumer spending C. Personal saving D. Real interest rate
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13 Option A CostPush inflation Explanation An increase in the price of domestic or imported inputs s... View the full answer
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