According to Classical Macroeconomic Theory,changes in the Money Supply Affect

question 26

Multiple Choice

According to classical macroeconomic theory,changes in the money supply affect

• A)variables measured in terms of money and variables measured in terms of quantities or relative prices
• B)variables measured in terms of money but not variables measured in terms of quantities or relative prices
• C)variables measured in terms of quantities or relative prices,but not variables measured in terms of money
• D)neither variables measured in terms of money nor variables measured in terms of quantities or relative prices

---

Definitions:

Equity Income

Income that comes from owning shares in a company, typically in the form of dividends paid out from the company's profits.

Internal Accounting Records

Documentation and books kept by an organization for its internal financial planning, monitoring, and reporting.

Consolidated Balance Sheet

A financial statement that combines the assets, liabilities, and shareholders' equity of a parent company and its subsidiaries into one document.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account column totals that are equal.