Which of the following was an inflationary pressure causing high inflation rates in Saudi Arabia in 2008?
A) Decreasing domestic rents
B) Increasing food prices
C) Low domestic demand
D) Low oil export prices

Question

Quizplus · Accepted Answer

Increasing food prices were a significant factor contributing to inflationary pressures in many countries, including Saudi Arabia, during 2008. Rising food prices can lead to broader inflation by increasing the cost of living and prompting demands for higher wages.

Which of the Following Was an Inflationary Pressure Causing High