A Rise in the Overall Price Level Means That

question 5

Multiple Choice

A rise in the overall price level means that:

• A) a given number of dollars will buy fewer real goods and services.
• B) output has decreased.
• C) the cost of living has gone down.
• D) None of these are true.

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Definitions:

Neurotransmitter

Chemical substances in the nervous system that transmit signals from one neuron to another.

Inhibitory

Pertaining to a neurotransmitter, hormone, or other substance that decreases the likelihood of a neuron firing an action potential.

Excitatory

Referring to substances or processes that increase the likelihood of a neuron firing and transmitting an electrical signal.

Dopamine

A neurotransmitter involved in reward, motivation, and addiction processes in the brain.