Ceteris Paribus,if the Average Price Level Falls,then the _____ Effect

question 138

Multiple Choice

Ceteris paribus,if the average price level falls,then the _____ effect will result in _____ in the purchases of goods and services.

• A) Real balances;an increase
• B) Foreign trade;a decrease
• C) Interest rate;a decrease
• D) Cost;an increase

---

Definitions:

Selection Sort

A simple, comparison-based sorting algorithm that divides the input list into a sorted and an unsorted region, repeatedly selecting the smallest or largest element from the unsorted region and moving it to the sorted region.

Nested Loops

A loop inside another loop, where the inner loop completes all its iterations for every single iteration of the outer loop.

For Loops

A control flow statement for specifying iteration, allowing code to be executed repeatedly based on a given condition.

Insertion Sort

A simple sorting algorithm that builds the final sorted array (or list) one item at a time, suitable for small datasets.