When the Price Level Falls,the Number of Dollars Needed to Buy

question 127

Multiple Choice

When the price level falls,the number of dollars needed to buy a representative basket of goods

• A)increases,so the value of money rises.
• B)increases,so the value of money falls.
• C)decreases,so the value of money rises.
• D)decreases,so the value of money falls.

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Definitions:

American Expeditionary Forces

The U.S. military forces sent to Europe during World War I (1917-1918) under the command of General John J. Pershing to fight alongside the Allies against the Central Powers.

John J. Pershing

A senior United States Army officer who commanded the American Expeditionary Forces on the Western Front in World War I.

African Americans

Refers to citizens or residents of the United States who have ancestry from any of the black racial groups of Africa.

Menial Labor

Work that requires minimal skill and is often characterized by low pay and status.