21. Cost-push inflation can be caused by an increase in:
a) Consumer spending
b) Productivity
c) Raw material prices
d) Government spending
22. Which of the following is a consequence of hyperinflation?
a) Increased economic stability
b) Increased investor confidence
c) Decreased purchasing power
d) Increased savings
23. Which of the following is a measure of inflation that includes housing costs?
a) Consumer Price Index (CPI)
b) Producer Price Index (PPI)
c) Retail Price Index (RPI)
d) Wholesale Price Index (WPI)
24. The term “demand-pull” inflation implies that inflation is caused by:
a) An increase in the supply of money
b) A decrease in aggregate demand
c) An increase in aggregate demand
d) A decrease in the supply of money
25. Which of the following is an example of demand-pull inflation?
a) Decrease in government spending
b) Increase in consumer savings
c) Increase in business investment
d) Increase in the money supply
