As a Result of an Increase in the Growth Rate

question 197

Multiple Choice

As a result of an increase in the growth rate of the money supply:

• A) real GDP growth increases only in the short run,and the inflation rate increases in both the short run and the long run.
• B) real GDP growth increases only in the long run,and the inflation rate increases only in the short run.
• C) real GDP growth increases in both the short run and the long run,and the inflation rate increases only in the short run.
• D) both the real growth and the inflation rate increase only in the short run.

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Definitions:

Need For Achievement

A psychological drive that motivates individuals to strive for success and excellence.

Need For Affiliation

A person's desire to form and maintain strong relationships, be part of a group, and feel connected to others.

Need For Affiliation

An individual's desire to build relationships and feel part of a group, important for understanding motivation and behavior in social settings.

Acquired Needs Theory

A motivational theory that suggests people's preferences and priorities in needs are developed over time based on life experiences.