According to the Quantity Theory of Money,deflation Will Occur If

question 228

Multiple Choice

According to the quantity theory of money,deflation will occur if the

• A)money supply is less than real GDP.
• B)money supply is more than real GDP.
• C)money supply grows at a slower rate than real GDP.
• D)money supply grows at a faster rate than real GDP.

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Definitions:

GABA

Gamma-Aminobutyric Acid, a neurotransmitter in the brain that inhibits many neurons from firing, reducing activity in the nervous system.

Neuron

A cell that conducts electrochemical signals; the basic unit of the nervous system; also called a nerve cell.

Dendrites

A neuron’s branches that receive information from other neurons and transmit it toward the cell body.

Axon

A neuron’s extending fiber that conducts impulses away from the cell body and transmits them to other neurons.