If Everything Else Is Held Constant, Which of the Following

question 31

Multiple Choice

If everything else is held constant, which of the following would NOT lead to short-term inflation?

• A)An increase in the growth rate of aggregate supply
• B)An increase in the nominal money supply
• C)An increase in consumer spending
• D)An increase in government spending

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Definitions:

Naval Bases

Designated areas where a country's naval ships, personnel, and resources are stationed and maintained.

Carved Up

A colloquial expression meaning divided or partitioned, often referring to territories or areas split between different powers or interests.

European Delegates

Representatives from European countries who participate in international meetings, conferences, or organizations.

Africa

The world's second-largest and second-most populous continent, rich in cultural and geographical diversity.