What Would Cause the Price Level to Rise and Output

question 90

Multiple Choice

What would cause the price level to rise and output to fall in the short run?

• A) an increase in the money supply
• B) a decrease in the money supply
• C) an adverse supply shock
• D) a favourable supply shock

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Definitions:

Bronchi

The major air passages of the lungs that diverge from the windpipe.

Asthma

A chronic inflammatory disorder of the airways that causes episodes of wheezing, breathlessness, chest tightness, and coughing.

Bronchi

The major air passages of the lungs that diverge from the windpipe, transmitting air in and out of the lungs.

Wheezing

A high-pitched whistling sound made while breathing, often associated with respiratory illness or asthma.