Answer:
Explanation:
Inflation is often defined in terms of its supposed causes. Inflation exists when money supply exceeds available goods and services. Or inflation is attributed to budget deficit financing. A deficit budget may be financed by additional money creation. But the situation of monetary expansion or budget deficit may not cause price level to rise. Hence the difficulty of defining ‘inflation’.
Inflation may be defined as ‘a sustained upward trend in the general level of prices’ and not the price of only one or two goods. G. Ackley defined inflation as ‘a persistent and appreciable rise in the general level or average of prices’. In other words, inflation is a state of rising price level, but not rise in the price level. It is not high prices but rising prices that constitute inflation.
Inflation may be caused by a variety of factors. Its intensity or pace may be different at different times. It may also be classified in accordance with the reactions of the government toward inflation.
Thus, one may observe different types of inflation in the contemporary society:
i. Currency Inflation
ii. Credit Inflation
iii. Deficit-Induced Inflation
iv. Demand-Pull Inflation
v. Cost-Push Inflation
Inflation is mainly caused by excess demand/or decline in aggregate supply or output. Former leads to a rightward shift of aggregate demand curve while the latter causes aggregate supply curve to shift leftward. Former is called demand-pull inflation (DPI) and the latter is called cost- push inflation (CPI).
At the end of Sophocles' Oedipus Rex, the protagonist Oedipus has gouged out his own eyes and is sent into exile. His wife (and -- spoiler alert -- his mother) is dead, having hung herself.
Answer:
its b
Explanation:i got it from the text
I like using my phone.
She was using her pen to do her essay.
we were using a microphone to sing loud.
The correct answer to this question is FALSE. There are only a few schools that have a dietician on staff. The reason behind this is because the school can't afford to pay the salary of another staff. Another reason is that there are only a few dieticians that are available and some are already employed.
