Beginning in Equilibrium in an AD and SRAS Model, an Unexpected

question 136

Multiple Choice

Beginning in equilibrium in an AD and SRAS model, an unexpected increase in the money supply growth will cause

• A) inflation and real growth to increase in the short run.
• B) inflation to increase and real growth to decrease in the short run.
• C) inflation to increase and real growth to remain unchanged in the short run.
• D) inflation and real growth to remain unchanged.

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Definitions:

Conservationists

Individuals or groups who advocate for the preservation and protection of the environment and wildlife.

Sierra Club

An environmental organization established in the United States, dedicated to the protection and preservation of the natural environment through advocacy and conservation efforts.

Hetch Hetchy

A valley in Yosemite National Park, controversially dammed in the early 20th century to provide water to San Francisco.

John Muir

An influential Scottish-American naturalist, author, and early advocate for the preservation of wilderness in the United States.