Solve the Equation $$| x | = 7$$ A) $\{ - 7,7 \}$

question 205

Multiple Choice

Solve the equation.
- $$| x | = 7$$

• A) \(\{ - 7,7 \}\)
• B) \(\{ - 7 \}\)
• C) \(\{ 7 \}\)
• D) \(\{ 49 \}\)

Grasp how changes in the price level affect the value of money and individual wealth.

Describe the mechanisms through which monetary policy affects the economy, especially through open market operations.

Understand the Fisher effect and how inflation expectations affect nominal interest rates.

Understand the relationship between inflation rates and money demand.

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