Other Things Equal, an Increase in the Price Level ________

question 50

Multiple Choice

Other things equal, an increase in the price level ________ the equilibrium interest rate and ________ equilibrium output.

• A) increases; increases
• B) increases; decreases
• C) decreases; increases
• D) decreases; decreases

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Definitions:

Veins

Blood vessels that carry blood towards the heart from various parts of the body.

Hemocoel

A primary body cavity of most invertebrates, containing circulatory fluid instead of blood and distinguished by the lack of a true coelom.

Hemolymph

The fluid equivalent to blood found in most invertebrates, which occupies the interior cavity of the body and directly bathes the internal organs.

Open Circulatory System

A type of circulatory system in which the circulating fluid (hemolymph) is not entirely contained within blood vessels but bathes the internal organs directly in an open body cavity (hemocoel).