Assuming That Money Is Neutral,a Reduction in the Nominal Money

question 29

Multiple Choice

Assuming that money is neutral,a reduction in the nominal money supply would cause

• A)an excess demand for goods.
• B)a decrease in the real money supply.
• C)a fall in the price level.
• D)a rise in nominal wages.

---

Definitions:

Helping Behaviour

Helping behavior is actions taken to assist others without expectation of reward, often motivated by empathy or moral values.

Attractiveness

Qualities or characteristics of a person or thing that evoke interest, desire, or pleasure in others.

Group Leaders

Individuals who guide, influence, and direct a group aiming to achieve common goals.

Baumeister

Refers to Roy F. Baumeister, a psychologist known for his work on the self, social rejection, belongingness, and other aspects of social psychology.