Which of the Following Event(s) Most Likely Will Leave Prices

question 12

Multiple Choice

Which of the following event(s) most likely will leave prices relatively unchanged while increasing output?

• A)an increase in money supply combined with an income tax increase
• B)expansionary monetary policy in response to an adverse supply shock
• C)expansionary fiscal policy employed after a favorable supply shock
• D)restrictive monetary policy in response to an oil price decrease
• E)none of these

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Definitions:

Land Registration

The process of recording the ownership, possession, and other rights of land into an official register to ensure legal certainty and protect property rights.

Intangible

Something that cannot be touched or physically measured, such as intellectual property or goodwill.

Joint Tenants

A form of co-ownership where parties own property in equal shares and have the right of survivorship, meaning if one owner dies, the property automatically passes to the surviving owner(s).

Tenants in Common

A form of co-ownership where each owner holds an individual, undivided ownership interest in the property, which can be passed to their heirs.