What Determines the Magnitude of the Changes in Price Level

question 24

Multiple Choice

What determines the magnitude of the changes in price level when central bank takes monetary policy measures that leads to a change in the aggregate demand?

• A)Changes in the money supply
• B)Slope of the aggregate supply curve
• C)Rate of change of interest rate
• D)Total money supply in the economy

---

Definitions:

Buying Center

A group of individuals within an organization who are involved in the process of making purchasing decisions.

New Buy

A purchasing situation in which a business customer is buying a product or service for the first time, requiring extensive decision-making and research.

IBM

International Business Machines Corporation, a multinational technology and consulting company known for its computer hardware, software, and IT services.

B2B Marketing

The marketing of goods and services directly to other businesses or organizations rather than to individual consumers.