The Price Level Rises If Either

question 11

Multiple Choice

The price level rises if either

• A)money demand shifts rightward or money supply shifts leftward;this rise in the price level is associated with a rise in the value of money.
• B)money demand shifts rightward or money supply shifts leftward;this rise in the price level is associated with a fall in the value of money.
• C)money demand shifts leftward or money supply shifts rightward;this rise in the price level is associated with a rise in the value of money.
• D)money demand shifts leftward or money supply shifts rightward;this rise in the price level is associated with a fall in the value of money.

Identify and apply different properties of algebra (additive inverse, additive identity, commutative, associative, distributive) to simplify expressions and solve equations.

Recognize and write the components of algebraic expressions, such as terms and coefficients.

Apply the distributive property to simplify expressions.

Solve simple algebraic equations and inequalities.

---

Definitions:

Contributed Capital

Funds that shareholders invest in a company by purchasing shares directly from the company.

Functional Currency

The currency of the primary economic environment in which an entity operates; used in financial reporting.

Closing Rates

The exchange rates used to convert the financial statements of a foreign subsidiary into the presentation currency of the parent company for consolidation purposes.

Functional Currency

The primary currency used by a business or unit, reflecting the economic environment in which it primarily operates.