Suppose the Quantity of Money Is Expected to Remain Unchanged

question 43

Multiple Choice

Suppose the quantity of money is expected to remain unchanged but it actually increases. The price level

• A)rises and real GDP increases.
• B)rises and real GDP decreases.
• C)falls and real GDP increases.
• D)falls and real GDP decreases.
• E)rises and real GDP stays the same.

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Definitions:

Blood Spot

A small sample of blood collected on filter paper, usually from a prick on the finger, heel or other extraction method, used for various medical tests, including newborn screening.

Tourniquet

A device used to apply pressure to a limb or extremity to limit – but not stop – the flow of blood.

Sterile Dressing

A type of medical dressing that is free from bacteria or any other organisms, used to promote healing and prevent infection in wounds.