An Increase in the Price Level Makes the Value of Money

question 212

Multiple Choice

An increase in the price level makes the value of money

• A) increase,so people want to hold more of it.
• B) increase,so people want to hold less of it.
• C) decrease,so people want to hold more of it.
• D) decrease,so people want to hold less of it.

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, thereby holding ownership interest in the company.

Income

Money received, especially on a regular basis, for work, through investments, or from business activities.

Total Tax

The cumulative amount of taxes an individual or entity is required to pay, including federal, state, local, and other applicable taxes.