Which of the following definitions is the best way to describe local culture? a. a cultural trait that is accepted by the majority of the people and that can change quickly b. a cultural region that focuses on only one cultural trait c. a cultural group that exists only within a dominant culture d. a cultural group that can be defined by a region or location

Which of the following statements best describes the quantity theory of inflation? a.inflation occurs because production cost rise and this cost increase is passed on to consumers in the form of higher prices b. inflation occurs because there is too much money in the economy c. inflation occurs because demand of good and services exceeds existing supplies d. none of these