According to the Aggregate Demand and Aggregate Supply Model,in the Long

question 49

Multiple Choice

According to the aggregate demand and aggregate supply model,in the long run a decrease in the money supply leads to

• A)decreases in both the price level and real GDP.
• B)an increase in real GDP and an increase in the price level.
• C)a decrease in the price level but does not change real GDP.
• D)an increase in the price level but does not change real GDP.

---

Definitions:

Emotions

Complex psychological states that involve physiological arousal, feelings, cognitive processes, and behavioral reactions.

Memory

The ability of the mind to store and recall information, experiences, and perceptions, which is fundamental to learning and adaptation.

Commissural Fibers

Bundles of nerve fibers that connect corresponding parts of the two hemispheres of the brain.

Association Fibers

Nerve fibers connecting different parts of the same cerebral hemisphere in the brain, facilitating communication between different brain regions.