All of the Following Statements,except One,are Correct

question 145

Multiple Choice

All of the following statements,except one,are correct.Which is the exception?

• A)A decline in the demand for money will tend to reduce the equilibrium GDP.
• B)The equilibrium interest rate varies directly with money demand.
• C)The equilibrium interest rate varies inversely with money supply.
• D)The equilibrium interest rate varies directly with the level of prices.
• E)A decline in the supply of money tends to reduce equilibrium GDP.

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Definitions:

Passive Verbs

Verbs that indicate an action being done to the subject, often leading to less direct or weaker statements.

Deductive Sequence

A method of organizing information in writing that starts with a general statement or conclusion, followed by specific details or evidence.

Persuasive Claims

Arguments or statements designed to convince or influence an audience to adopt a particular opinion, idea, or course of action.

Central Selling Point

is the unique feature or benefit of a product or service that is emphasized to differentiate it from competitors and appeal to consumers.