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

question 213

Multiple Choice

Which of the following will, unambiguously, increase 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:

Western Influence

Western influence refers to the impact that cultures, ideas, politics, and economics from Western countries, particularly those in Europe and North America, have had on other regions around the world.

Isolationist Approach

A foreign policy strategy where a country minimizes its economic and political involvement with other countries to protect its sovereignty and independence.

Time of Troubles

A period of Russian history (1598–1613) characterized by famine, social upheaval, widespread suffering, and conflicts over succession.

Estates-General

The Estates-General was a legislative body in pre-revolutionary France made up of representatives from the three estates of the realm: the clergy, the nobility, and the common people.