In the Short Run,a Rise in the Price Level Brings

question 23

Multiple Choice

In the short run,a rise in the price level brings a ________ in the real interest rate that ________ investment,bringing ________ in the quantity of real GDP demanded.

• A)rise;decreases;an increase
• B)fall;decreases ;a decrease
• C)rise;decreases;a decrease
• D)fall;increases ;an increase
• E)rise;increases ;an increase

---

Definitions:

Retirement Savings

Money that has been set aside or invested with the intention of providing income or financial support during retirement.

Contributions Credit

A tax credit that may be received for certain contributions made to retirement accounts or charitable organizations, aimed at reducing the taxpayer's overall tax liability.

IRA

Individual Retirement Account, a saving tool for individuals to allocate funds for retirement with tax advantages.

American Opportunity Tax Credit

A rebate on legitimate educational expenditures for a qualifying student throughout the first four years of their university or college education.