When the Price Level Is Rising and Simultaneously Real GDP

question 165

Multiple Choice

When the price level is rising and simultaneously real GDP is decreasing,

• A)the natural unemployment rate increases.
• B)stagflation occurs.
• C)the RBA has increased the discount rate.
• D)there is an expansionary gap.

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Definitions:

Carbohydrate

Monosaccharide (simple sugar) or the organic molecules composed of monosaccharides bound together by chemical bonds—for example, glycogen. For each carbon atom in the molecule, there are typically one oxygen molecule and two hydrogen molecules.

Subcutaneous Fat

The layer of fat located under the skin, serving as insulation to regulate body temperature and as an energy reserve.

Muscle Mass

Refers to the amount of muscle tissue in an individual's body, typically measured in terms of volume or weight.

Nutrients

Substances that provide nourishment essential for growth and the maintenance of life.