According to AD-AS Model,the Primary Long-Run Effect of Increases in the Money

question 90

Multiple Choice

According to AD-AS model,the primary long-run effect of increases in the money supply is

• A) a higher price level.
• B) higher GDP.
• C) a lower price level.
• D) lower GDP.

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Definitions:

Epithelial Tissue

A type of body tissue that lines the cavities and surfaces of structures throughout the body, playing roles in protection, secretion, and absorption.

Epithelial Tissue

A type of tissue that lines the outer surfaces of organs and blood vessels, as well as the inner surfaces of cavities in many internal organs.

Secretion

The process by which substances are produced and discharged from cells or glands for a particular function in the organism or for excretion.

Absorption

The process by which substances are taken up into or across tissues, such as nutrients being absorbed through the gastrointestinal tract into the bloodstream.