In the Long Run, an Increase in the Quantity of Money

question 32

Multiple Choice

In the long run, an increase in the quantity of money, other things remaining the same,

• A)decreases real GDP.
• B)increases the price level.
• C)increases real GDP.
• D)decreases the price level.
• E)has no effect on the price level or real GDP.

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Definitions:

File List Headings

Titles or labels at the top of columns in a file list, such as in a file manager or operating system directory, that describe the information contained in each column, like name, date modified, type, or size.

Decreases Search Time

The effect of optimizing a system or process so that the amount of time required to find specific information or items is reduced.

Delete Search Results

The action of removing or clearing the results generated from a search query in an application or on a website.

Narrow A Search

To refine search criteria in order to focus on more specific results and improve relevancy.