According to the Classical Model of the Price Level, an Increase

question 132

Multiple Choice

According to the classical model of the price level, an increase in the money supply will cause _____ and _____ increase in real GDP.

• A) inflation; no long-run
• B) inflation; a long-run
• C) no inflation; a long-run
• D) deflation; no long-run

---

Definitions:

Spoliation

The intentional, reckless, or negligent destruction, alteration, or concealment of evidence that is relevant to a legal proceeding.

Remedy

Legal means to enforce a right or redress a wrong, which can involve monetary compensation, restitution, or other corrective measures.

Destroyed

Completely ruined or spoiled, often beyond repair or recovery.

Interference With Economic Relations

An intentional and wrongful act by one party that causes economic harm to another by disrupting their business relationships or contracts.