The Long-Run Effect of an Increase in the Money Supply

question 268

Multiple Choice

The long-run effect of an increase in the money supply when starting from full employment is to

• A) increase real GDP only.
• B) increase the price level only.
• C) increase both real GDP and the price level.
• D) increase real GDP as the price level increases too.

---

Definitions:

Sexual Desire

A person's urge or inclination to engage in sexual activity.

Victorian Americans

Refers to the cultural and social norms, values, and practices in American society during the Victorian era, roughly paralleling Britain's Queen Victoria's reign (1837-1901).

Reproductive Desire

The personal inclination or wish to reproduce or have children, influenced by various biological, psychological, and social factors.

Mainstream Films

Movies produced by major film studios that are targeted at a broad audience, often characterized by their widespread appeal and commercial success.