The Classical Dichotomy Argues That Changes in the Money Supply

question 46

Multiple Choice

The classical dichotomy argues that changes in the money supply

• A)affect both nominal and real variables.
• B)affect neither nominal nor real variables.
• C)affect nominal variables,but not real variables.
• D)do not affect nominal variables,but do affect real variables.

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Definitions:

Photoperiodism

The physiological reaction of organisms to the length of day or night, influencing behaviors like flowering in plants.

Phototropism

The orientation of a plant or other organism in response to light, either towards the light source (positive phototropism) or away from it (negative phototropism).

Photosynthesis

The biochemical process by which green plants and some other organisms convert light energy into chemical energy stored in carbohydrates.

Physiological Response

An automatic reaction or change in bodily function in response to a stimulus, part of an organism's mechanism for maintaining homeostasis.