Use the Figure Below to Answer the Following Questions

question 21

Multiple Choice

Use the figure below to answer the following questions.
Figure 12.1.1
-Refer to Figure 12.1.1.Suppose the economy moves from point D to point B.According to the monetarist theory of the business cycle, what could have caused this movement?

• A)an increase in uncertainty about future sales and profits
• B)an increase in the growth rate of the quantity of money
• C)a decrease in the money wage rate
• D)a decrease in exports
• E)an increase in the money wage rate

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Definitions:

Age Sets

A social categorization and grouping system based on age, within which members share duties, responsibilities, and privileges.

Kin-Ordered

describes social structures or systems where the relationships and organization are primarily based on kinship ties and descent.

State-Ordered

Directed or mandated by a governing authority or government.

Political Systems

The framework by which a society organizes and administers public policy and governance, including democracy, monarchy, and dictatorship.