Assuming That There Is an Excess Supply of Money in the Classical

question 29

Multiple Choice

Assuming that there is an excess supply of money in the classical model,then

• A)a matching excess demand for commodities will lower the aggregate price level.
• B)a corresponding excess demand for commodities will drive the aggregate price level up.
• C)an equal excess demand for commodities will not affect the price level.
• D)None of the above

---

Definitions:

Measure Accomplishments

The process of assessing the extent to which goals have been achieved or tasks have been completed successfully.

Cultural Differences

Cultural differences are the variations in the customs, values, norms, and practices among people from different societies.

Work Life

The balance and interaction between one’s professional and personal life.

Performance

The act of carrying out a task or the execution of actions, often measured against preset standards to assess efficiency or skill.