Other Things the Same,a Fall in an Economy's Overall Level

question 58

Multiple Choice

Other things the same,a fall in an economy's overall level of prices tends to

• A)raise both the quantity demanded and supplied of goods and services.
• B)raise the quantity demanded of goods and services,but lower the quantity supplied.
• C)lower the quantity demanded of goods and services,but raise the quantity supplied.
• D)lower both the quantity demanded and the quantity supplied of goods and services.

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Definitions:

Authority

The capacity to direct, adjudicate, and ensure observance.

Consistency

The quality of achieving a level of performance or behavior that does not vary greatly in quality over time.

Organization Design

The planning and structuring of an organization's framework and systems to align with its goals and strategy, optimizing its operational efficiency.

Internal Factors

Influences originating within a person or organization that affect behaviors, decisions, or operations.