Which of the following is an important cause of inflation in an economy?
A) Increases in productivity in the economy
B) The influence of positive externalities on the economy
C) Lack of property rights in the economy
D) Growth in the quantity of money in the economy
Correct Answer:
Verified
Q196: If an externality is present in a
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Q198: When the government prevents prices from adjusting
Q199: Productivity is defined as the
A)amount of goods
Q200: In a market economy, economic activity is
Q202: An increase in the overall level of
Q203: The slow growth of U.S. incomes during
Q204: For a number of years country A
Q205: To improve living standards, policymakers should
A)impose restrictions
Q206: In a particular country in 1998, the
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