As the US Price Level Increases, Expenditures by Which of the Following

question 170

Multiple Choice

As the U.S. price level increases, expenditures by which of the following will remain unaffected?

• A) Consumers
• B) Businesses
• C) Government
• D) The rest of the world

---

Definitions:

Account Balances

The amount of money in a financial repository, such as a checking account, at any given moment.

Reference Column

A column in ledgers or journals used to cross-reference or track specific transactions.

General Journal

A comprehensive accounting ledger that records all financial transactions of a company in chronological order before they are transferred to specific accounts.

General Ledger

A collection of a company's financial accounts, where transactions are recorded in separate accounts to maintain a comprehensive financial record.