When Other Things Are Equal and Using the Classical Model

question 168

Multiple Choice

When other things are equal and using the classical model, an increase in the money supply leads to an equal proportional _____ in the aggregate _____, with no effect on aggregate _____.

• A) rise; output; price level
• B) fall; price level; output
• C) rise; price level; output
• D) fall; output; price level

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Definitions:

Mitchell Thomashow

An environmental educator and author known for his work on ecological identity and environmental learning.

System Use

The manner in which a system, such as a software application or a technological device, is employed by users to achieve specific objectives.

Ecotechnologies

Innovative applications that utilize ecological principles and practices to solve environmental problems and improve the health of the planet.

Environmental Degradation

The deterioration of the environment through depletion of resources such as air, water, and soil; the destruction of ecosystems and the extinction of wildlife.