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when prices increase due to a rise in the cost of production. These increased costs push up the price level.
when firms increase their capital equipment without employing more people.
goods that are unrelated to each other; the rise in the price of one product will have no effect...
a written order to the bank to pay the person or organisation whose name appears on the cheque a...
those factors that cannot be changed in the short term as this takes much time and planning....