Other Things Being Equal,a Rise in the Price Level Will

question 94

Multiple Choice

Other things being equal,a rise in the price level will

• A)increase the value of money.
• B)decrease the purchasing power of money.
• C)stabilize the value of money.
• D)increase the purchasing power of money.
• E)have no effect on the value of money.

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Definitions:

Information Power

Access to and control over important information.

Relationship

A connection, association, or involvement between two or more parties, whether personal, professional, or societal.

Subordinates

Individuals who work under the direction and control of a superior in the hierarchy of an organization.

Social Power

Power used to create motivation or to accomplish group goals.