If managers have an expectation of ongoing inflation, then it is likely that:
A) prices will not change.
B) prices will rise.
C) prices will fall.
D) the cost of inputs will fall.
Correct Answer:
Verified
Q1: If a manager has an expectation of
Q3: The rate of change of inflation is
Q4: What is excess demand?
A)too many buyers for
Q5: Excess demand occurs when:
A)there is a surplus
Q6: Excess demand leads to a:
A)surplus and falling
Q7: What is insufficient demand?
A)too many buyers for
Q8: Insufficient demand occurs when:
A)there is a shortage
Q9: Insufficient demand leads to a:
A)surplus and falling
Q10: Inflation expectations refer to the rate at
Q11: Demand-pull inflation is inflation resulting from:
A)a surplus.
B)excess
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