If Government Spending and the Price Level Increase,then

question 158

Multiple Choice

if government spending and the price level increase,then

• A)the interest rate increases,consumption declines,and investment spending declines.
• B)the interest rate decreases,consumption declines,and investment spending declines.
• C)the interest rate increases,consumption increases,and investment spending increases.
• D)the interest rate decreases,consumption increases,and investment spending increases.

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Definitions:

Neolithic

The New Stone Age; a prehistoric period beginning about 10,000 years ago in which peoples possessed stone-based technologies and depended on domesticated crops and/or animals for subsistence.

Division of Labor

The allocation of different tasks and responsibilities to different individuals or groups, typically to increase efficiency in production or services.

Diffusion

The spread of certain ideas, customs, or practices from one culture to another.

Ideas

Mental representations or thoughts that arise in the mind, ranging from concepts, plans, opinions, to creative innovations.