Which scenario is an example of cost-push inflation?
a. consumers have more money to bu...
Which scenario is an example of cost-push inflation?
a. consumers have more money to buy cars, and the prices of cars and car parts rise as a result.
b. an increase in workers’ wages raises the production cost of cars, and car prices rise as a result.
c. the demand for cars falls as consumers have less disposable income, and car prices fall as a result.
d. a government bailout car manufacturers lower their costs, and car prices fall as a result.
Answers: 1
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European imperialism in the 19th century was largely motivated by a desire to: o a. assert power over other parts of the world. b. end the racist policies practiced in many foreign countries. o c. defend europe from aggressive foreign armies. d. relocate ethnic and religious minorities within national borders.
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