Two Countries, Alpha and Beta, Are Otherwise Identical Except That

question 47

Multiple Choice

Two countries, Alpha and Beta, are otherwise identical except that each dollar in Alpha is used more frequently than each dollar in Beta.For this to be true, it must be the case that, holding other factors equal, __________ in Alpha than in Beta.

• A)real GDP is greater
• B)the money stock is smaller
• C)the price level is greater
• D)velocity is less

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Definitions:

Sexual Orientation

An inherent or immutable enduring emotional, romantic, or sexual attraction to other people.

Promissory Estoppel

The legal doctrine that restricts an offeror from revoking an offer under certain conditions, even though consideration has not been promised to bind the agreement. To be effective, promissory estoppel requires that the offeror know, or be presumed to know, that the offeree might otherwise make a definite and decided change of position in contemplation of promises contained in the offer.

Wrongful Discharge

Exceptions to employment-at-will that give employees legal ground for lawsuits against employers who have dismissed them unfairly.

Benefits Denial

The refusal by an insurance company or government agency to approve coverage or payments for claims submitted by policyholders or beneficiaries.