According to AD-AS Model, the Primary Long-Run Effect of Increases

question 20

Multiple Choice

According to AD-AS model, the primary long-run effect of increases in the money supply is

• A)higher price level.
• B)higher GDP.
• C)lower price level.
• D)lower GDP.

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Definitions:

Phrenic Nerve

The Phrenic Nerve is a nerve that runs from the neck to the diaphragm, playing a crucial role in breathing by controlling the diaphragm's movements.

Brachial Plexus

A network of nerves that originates from the spinal cord in the neck and supplies the arm, forearm, and hand.

Musculocutaneous Nerve

A nerve in the arm that innervates the biceps brachii muscle, playing a key role in bending the elbow and rotating the forearm.

Ansa Cervicalis

Ansa cervicalis is a loop of nerves in the neck that serves to innervate certain muscles responsible for movements of the larynx, pharynx, and other nearby structures.