Most Economists Believe That an Increase in the Quantity of Money

question 44

Multiple Choice

Most economists believe that an increase in the quantity of money results in

• A)an increase in the demand for goods and services.
• B)lower unemployment in the short run.
• C)higher inflation in the long run.
• D)All of the above are correct.

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Definitions:

Meaning

The significance, interpretation, or understanding attributed to words, symbols, gestures, or events.

Deoxyribonucleic Acid

The molecule that carries genetic instructions used in the growth, development, functioning, and reproduction of all known living organisms and many viruses, commonly abbreviated as DNA.

Abbreviation

A curtailed form of a word or phrase.

Carcinoembryonic Antigen

A protein that may be present in the blood of a person who has certain cancers, used as a marker in cancer diagnosis and monitoring.