Most Economists Believe That an Increase in the Quantity of Money

question 44

Multiple Choice

Most economists believe that an increase in the quantity of money results in

• A)an increase in the demand for goods and services.
• B)lower unemployment in the short run.
• C)higher inflation in the long run.
• D)All of the above are correct.

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Definitions:

Unlike Charges

Opposite electric charges (positive and negative), which attract each other according to Coulomb's law.

Attraction

The force that causes one object to pull another object to itself.

Repulsion

The force that causes one object to push another object away from itself.

Smallest Part

The component or piece within a system or mechanism that is the least in size, volume, or quantity.