Which of the Following Statements Is False

question 190

Multiple Choice

Which of the following statements is false?

• A) Purchasing power and the price level are inversely related.
• B) The real balance effect refers to the change in the purchasing power of dollar-denominated assets as a result of a change in the price level.
• C) The aggregate demand curve slopes downward because of the real balance,interest rate,and international trade effects.
• D) A change in the quantity demanded of Real GDP is directly brought about by a change in interest rates.

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Definitions:

Extension

A software component that adds specific features or functionalities to an existing computer program or browser.

Specific Picture

A clearly defined or identified image or photograph.

Desktop

A computer interface designed for use on a regular desk or table, or the primary user interface of a computer.

C: Drive

The primary storage partition on a computer's hard drive, traditionally designated for the operating system and software installations.