During a Contraction of the Money Supply,which Attribute of Prices

question 48

Multiple Choice

During a contraction of the money supply,which attribute of prices prevents firms from adjusting wages and loans in the short run?

• A) Prices are fixed.
• B) Prices match demand.
• C) Prices trend downward.
• D) Prices trend upward.
• E) Prices are sticky.

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Definitions:

Poor Nutrition

A state of receiving insufficient nutrients from the diet, leading to various health issues.

Anemia

A condition in which there is a deficiency of red cells or of hemoglobin in the blood, resulting in pallor and weariness.

Diminished Oxygen

A state in which the level of oxygen in the blood or body tissues is lower than normal, also known as hypoxemia.

Topical Antibiotics

Medications applied to the skin to prevent or treat bacterial infections.