Other Things Equal,in the Short Run a Lower Price Level

question 174

Multiple Choice

Other things equal,in the short run a lower price level leads households to

• A)increase consumption and firms to buy more capital goods.
• B)increase consumption and firms to buy fewer capital goods.
• C)decrease consumption and firms to buy more capital goods.
• D)decrease consumption and firms to buy fewer capital goods.

---

Definitions:

Self-Management

The ability to control one’s emotions and act with honesty and integrity in a consistent and acceptable manner.

Honesty and Integrity

The adherence to truthfulness, fairness, and uprightness in actions and principles.

Social Awareness

Having empathy for others and having intuition about work problems.

Team Leader

A person who provides guidance, instruction, direction, and leadership to a group of other individuals (the team) for the purpose of achieving the team's goals and objectives.