Which of the Following Will, Unambiguously, Decrease the Price Level

question 47

Multiple Choice

Which of the following will, unambiguously, decrease the price level?

• A) an increase in government spending and an increase in the Z factors
• B) a decrease in government spending and an increase in the Z factors
• C) an increase in government spending and a decrease in the Z factors
• D) a decrease in government spending and a decrease in the Z factors

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Definitions:

Lincoln

Abraham Lincoln, the 16th President of the United States, who led the country during the Civil War and is credited with emancipating the slaves.

Savannah

A coastal city in the state of Georgia, known for its well-preserved historic district, cobblestone squares, and significant role in the American Civil War.

Re-elected

Refers to the act of being elected again to a position or office, typically after an initial or preceding term.

Sherman And Sheridan

Two Union generals, William Tecumseh Sherman and Philip Sheridan, known for their strategies and roles in the American Civil War that contributed significantly to the defeat of the Confederate States.