Which of the Following Statements Is Correct

question 9

Multiple Choice

Which of the following statements is correct?

• A)If you can buy the same goods this year as you bought last year with less money there must have been inflation
• B)If purchasing the same goods today that were purchased one year ago requires more money, there must have been deflation
• C)If purchasing the same goods today as one year ago requires less money, the money supply must have decreased
• D)If purchasing the same goods today as one year ago requires less money, the money supply must have increased

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Definitions:

Impact Craters

Circular depressions formed by the collision of a meteorite, asteroid, or comet with the Earth's surface.

Drainages Carved

Channels or pathways eroded into the Earth's surface by the movement of water over time.

Volcanic Activity

The process of magma rising to the surface, leading to eruptions and the formation of volcanic landforms.

Tectonic Activity

The movement and interaction of the Earth's lithospheric plates, which can result in earthquakes, volcanic eruptions, and the creation of mountain ranges.