All of the Following Will Raise the Price Level Except

question 76

Multiple Choice

All of the following will raise the price level except

• A)aggregate demand increases and short-run aggregate supply decreases.
• B)aggregate demand increases.
• C)short-run aggregate supply decreases.
• D)an increase in the quantity of capital.
• E)an increase in the quantity of money.

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Definitions:

Baltimore and Ohio Railroad

One of the oldest railroads in the United States, established in 1827, significant for its role in the development of American transportation.

Union Pacific

A major railroad company operating in the United States, known for its historical role in the transcontinental railroad's construction.

Western Migration

The movement of people to the western territories and states of the United States, particularly during the 19th century, in search of land, opportunity, and a better life.

Homestead

A house, especially a farmhouse, with adjoining buildings and land.