When Average Prices Rise

question 28

Multiple Choice

When average prices rise,

• A) there is movement up along the money demand curve.
• B) there is movement down along the money demand curve.
• C) the opportunity cost of holding money decreases.
• D) the money demand curve shifts leftward.
• E) the money demand curve shifts rightward.

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Definitions:

FMVSS 121

Legislation that defines minimum standards for all highway operated air brake equipment.

System Pressure

Usually refers to the range of pneumatic circuit pressures between cut-out and cut-in pressure values in an FMVSS 121–compliant air brake system. Can refer to other fluid power circuit pressures such as those in transmission hydraulics and engine lube circuits.

Tractor/Trailer Combination

A configuration consisting of a tractor unit that provides the motive power and a trailer unit that carries the cargo, commonly used for freight transport.