Suppose Every Good Costs $8 Per Unit and Molly Holds

question 96

Multiple Choice

Suppose every good costs $8 per unit and Molly holds $120.What is the real value of the money she holds?

• A)$120.If the price of goods rises,to maintain the real value of her money holdings she needs to hold more dollars.
• B)$120.If the price of goods rises,to maintain the real value of her money holdings she needs to hold fewer dollars.
• C)15 units of goods.If the price of goods rises,to maintain the real value of her money holdings she needs to hold more dollars.
• D)15 units of goods.If the price of goods rises,to maintain the real value of her money holdings she needs to hold fewer dollars.

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Definitions:

Amphetamines

Stimulant drugs that increase central nervous system activity, used therapeutically and recreationally.

Marijuana

A psychoactive drug obtained from the Cannabis plant, used primarily for recreational or medicinal purposes.

Mushrooms

Fungi belonging to the kingdom Fungi, which are used for various purposes including culinary, medicinal, and in some cases, hallucinogenic.

Classical Antipsychotics

A group of medications used to treat psychotic disorders, characterized by their ability to block dopamine receptors.