Most Economists Believe That an Increase in the Quantity of Money

question 44

Multiple Choice

Most economists believe that an increase in the quantity of money results in

• A)an increase in the demand for goods and services.
• B)lower unemployment in the short run.
• C)higher inflation in the long run.
• D)All of the above are correct.

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Definitions:

Autonomic Nervous System

The part of the nervous system that controls involuntary actions of the smooth muscles, heart, and glands.

Somatic Motor System

A part of the nervous system that is responsible for the voluntary movement of muscles, involving motor neurons that connect the central nervous system to muscle fibers.

Autonomic Ganglion

A cluster of nerve cell bodies in the autonomic nervous system located outside the central nervous system, which acts as relay points for autonomic signals.

Autonomic Reflex Arc

A pathway that involves the autonomic nervous system, controlling involuntary functions of the body.