As the Price Level Rises

question 84

Multiple Choice

As the price level rises

• A)people will want to hold more money,so the interest rate rises.
• B)people will want to hold more money,so the interest rate falls.
• C)people will want to hold less money,so the interest rate falls.
• D)people will want to hold less money,so the interest rate rises.

---

Definitions:

Mainstream Economics

A body of economic thought or theories that are widely accepted and taught as the dominant or conventional approach to economic analysis.

Artificially High

A condition where prices or values are elevated above natural market levels due to external interventions or manipulations.

Democratic Unions

Unions that operate under democratic principles, allowing members to vote on major decisions, including leadership elections.

Workplace Productivity

The efficiency with which employees complete tasks and responsibilities within their work environment, contributing to the overall productivity of the organization.