Exam (elaborations)
ECS1601 Assignment 4 2024 | August 2024
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ECS1601 Assignment 4 2024 | Due August 2024
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28/08/24, 6:06 PM Assessment 4: Attempt reviewMENU
Dashboard / Courses / UNISA / 2024 / Semester 1 / ECS1601-24-S2 / Online assessments / Assessment 4
Started on Wednesday, 28 August 2024, 15:00 PM
State Finished
Completed on Wednesday, 28 August 2024, 15:25 PM
Time taken 25 mins 2 secs
Marks 30.00/30.00
Grade 100.00 out of 100.00
Question 1
Correct
Mark 1.00 out of 1.00
Which one of the following statements is correct?
a. Demand-pull inflation creates a situation known as stagflation.
b. Cost-push inflation is triggered by an increase in consumption spending.
c. Cost-push inflation is described as “too much money chasing too few goods”.
d. An earthquake can trigger cost-push inflation.
Refer to section 10.4 of the prescribed textbook.
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