Which of the Following Statements Is Not True

question 82

Multiple Choice

Which of the following statements is not true?

• A)Small menu prices lead to price stickiness.
• B)In the classical dichotomy,some prices are sticky.
• C)In the classical dichotomy,an increase in money supply growth leads to a corresponding increase in inflation.
• D)Short-run contracts lead to price persistence.
• E)Imperfect information may lead to price inflexibility.

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Definitions:

Major Depressive Disorder

A mental disorder characterized by a pervasive and persistent low mood accompanied by low self-esteem and loss of interest or pleasure in normally enjoyable activities.

Elavil

A brand name for the antidepressant drug amitriptyline, used primarily in the treatment of mood disorders.

Tricyclic

A type of antidepressant medication that works by affecting neurotransmitters in the brain to improve mood.

Suicidal Thoughts

Thoughts about or an inclination towards ending one's own life.