If the Prices of Goods and Services Fall,the Value of Money

question 168

Multiple Choice

If the prices of goods and services fall,the value of money (its purchasing power)

• A)increases.
• B)decreases.
• C)stays the same.
• D)can either increase or decrease.

---

Definitions:

Major Factors

Essential elements or determinants that play a significant role in influencing or deciding the outcome of a particular situation or in the analysis of a problem.

Thirteenth Amendment

An amendment to the United States Constitution, ratified in 1865, that abolished slavery and involuntary servitude, except as punishment for a crime.

Constitutional Amendment

A modification or change to a constitution, which in the United States requires a specific and rigorous process involving both Congress and the states.

Abolished Slavery

The action or legal process of formally ending the practice or institution of slavery, where individuals are owned by others as property.