In the Long Run, an Increase in the Quantity of Money

question 66

Multiple Choice

In the long run, an increase in the quantity of money, other things remaining the same,

• A) decreases the price level.
• B) has no effect on the price level or real GDP.
• C) decreases real GDP.
• D) increases real GDP.
• E) increases the price level.

---

Definitions:

Control Group

In experimental research, a group of subjects that does not receive the treatment or experimental condition and is used as a benchmark to measure how the other tested subjects do.

Aggressively

Behavior characterized by assertiveness, boldness, or combativeness, often with the intent to dominate or control.

Violent Television

Television programming that depicts scenes of physical or psychological harm or force intended to hurt or kill characters.

Dependent Variable

The variable in an experiment that is expected to change as a result of manipulations to the independent variable.