An Increase in M or an Increase in V, Other

question 74

Multiple Choice

An increase in M or an increase in V, other things equal, would definitely increase:​

• A)​the price level.
• B)​real GDP.
• C)​nominal GDP.
• D)​unemployment.

---

Definitions:

Context

The circumstances, background, or environment in which information is interpreted and understood, significantly affecting its meaning.

James-Lange

A hypothesis suggesting emotions emerge from how we interpret the bodily responses we experience in reaction to external stimuli.

Sequence

A particular order in which related events, movements, or things follow each other.

Physical Arousal

An aspect of physiological excitement or activation in the body that can be caused by various stimuli and can affect behavior and emotions.