Question
Consider the following statements about inflation:
1. Inflation occurs when prices are generally increased across the economy. 2. An increase in aggregate demand causes cost-push inflation. 3. Hyperinflation refers to an extremely rapid increase in prices. Which of the above statements are correct?Solution
Inflation refers to a general rise in price levels (statement 1). Cost-push inflation is caused by rising production costs, not aggregate demand (statement 2 is incorrect). Hyperinflation describes rapid, excessive price increases (statement 3).
?2 - 12.5% of 647.99 = 24.98% × 363.97 + 5% of 1059.98Â
A bag contains red, green, and blue balls, with a total of 16 balls. The probability of drawing two blue balls in one draw is 3/8. How many blue balls a...
40.012% of 825.02 + 2620% of 59.89 = ?
(124.901) × (11.93) + 219.95 = ? + 114.891 × 13.90
? = 49.83% of 39.72% of (45.011.99 – 4.98 2.04)
24.66% of 8640.31 + (56.06 × 14.11) ÷ 8 = ?
11.67 × 50.23 + ? = 14.88% of 600.44 + 9.66 × 8.272Â
118.95 – 24.10 + (91.90 ÷ 22.89 × 12.14) = ?
(9116.89 – 8024.89 + 902.95) × 14 = 1800 × ?
3.55% of 8120 – 66.66% of 540 = ? – 28% of 5500
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