Which of the Following Is Incorrect

question 32

Multiple Choice

Which of the following is incorrect?

• A)As the U.S.price level rises, U.S.goods become relatively more expensive so that U.S.exports fall and U.S.imports rise.
• B)As the price level falls, the demand for money declines, the interest rate declines, and interest-rate-sensitive spending increases.
• C)When the price level increases, real balances increase and businesses and households find themselves wealthier and therefore increase their spending.
• D)Given aggregate demand, an increase in aggregate supply increases real output and, assuming downward-flexible prices, reduces the price level.

---

Definitions:

Amber

A fossilized tree resin, often used as a gemstone, which is known for its warm, honey-like color and the potential to contain prehistoric inclusions.

Urinary Tract Infection

An infection involving the kidneys, ureters, bladder, or urethra, commonly caused by bacteria and characterized by symptoms like pain and frequent urination.

Renal Calculi

Medical term for kidney stones, which are hard deposits made of minerals and salts that form inside the kidneys.

Urethral Sphincter

The muscle that controls the release of urine from the bladder.