A High School Has Many Different Extracurricular Organizations

question 19

Multiple Choice

A high school has many different extracurricular organizations. Of the four listed, which one is MOST LIKELY to have the most cohesiveness?

• A) The student council: members are voted in and come from similar backgrounds.
• B) The bowling team: it accepts everyone and has a very diverse roster.
• C) The basketball team: the team has been on a losing streak the entire year.
• D) The senior choir: it is a requirement for all seniors to sing in the choir.

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Definitions:

Monetarists

Economists of the view that changes in the money supply significantly affect the national output in the short term and have major impacts on the price level over extended durations.

MV = GDP

An equation representing the relationship between the money supply (MV) and gross domestic product (GDP), highlighting the velocity of money in economic activities.

PQ = GDP

An equation stating that the price level (P) times the quantity of output (Q) is equal to the Gross Domestic Product.

Equation of Exchange

A formula representing the relationship between the money supply, its velocity, the price level, and the volume of transactions in an economy.