What Is the Role of the Ozone Layer

question 77

Multiple Choice

What is the role of the ozone layer?

• A) It increases the gyres.
• B) It reduces the amount of UV light that reaches Earth's surface.
• C) It increases the amount of sunlight that reaches the poles.
• D) It increases the levels of chlorofluorocarbons (CFCs) in the upper atmosphere.
• E) It increases photosynthesis in Antarctic phytoplankton.

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Definitions:

Velocity of Circulation

The rate at which money exchanges hands in the economy, influencing overall economic activity and inflation.

Equation of Exchange

Shows the relationship among four variables: M (the money supply), V (velocity of circulation), P (the price level), and Q (the quantity of goods and services produced). MV = PQ.

Quantity Theory of Money

A theory suggesting that the general price levels of goods and services are directly proportional to the money supply in an economy.

Equation of Exchange

An economic equation that represents the relationship between money supply, its velocity, price level, and the volume of transactions in an economy.