Which of the Following Could Create an Increase in the Price

question 83

Multiple Choice

Which of the following could create an increase in the price level and a decrease in real GDP in the short run?

• A)an increase in the money supply
• B)an increase in government expenditures
• C)a fall in stock prices
• D)bad weather in farm provinces

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Definitions:

Relationships

Connections or associations between individuals, based on feelings, interactions, and social bonds.

Volunteer Bias

The tendency for volunteers, such as in research studies, to differ from the general population in significant ways, potentially skewing results.

Random Sampling

A method of selecting a sample from a population in which every individual has an equal chance of being chosen.

Correlation Coefficient

A number between −1.00 and +1.00 that indicates the direction (negative or positive) and extent (from none to perfect) of the relationship between two variables.