Which One of the Following Statements Is the MOST Accurate

question 45

Multiple Choice

Which one of the following statements is the MOST accurate?

• A) A permanent increase in the money supply cannot have any short-run effects.
• B) A permanent increase in taxes cannot have any short-run effects.
• C) A permanent decrease in the money supply cannot have short-run effects.
• D) A permanent decrease in taxes cannot have short-run effects.
• E) A permanent increase in money demand can be offset with a permanent increase in the money supply of equal magnitude.

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Definitions:

Organizational Culture

A system of shared assumptions, values, and beliefs that governs how people behave in organizations.

Ethical Behavior

Acting in ways consistent with what society and individuals typically think are good values.

Shared Goals

Objectives or aims that are held in common by a group, team, or partnership, promoting collaboration and collective effort.

Behavioral Tendencies

Patterns or dispositions in an individual's behavior that are characteristic and often predictable over time.