An Individual Holds $10 000 in a Non-Interest-Earning Checking Account,and

Multiple Choice

An individual holds $10 000 in a non-interest-earning checking account,and the overall price level rises significantly.Other things constant,we would expect

A) the individual's real wealth to decrease and consumption to diminish.
B) the individual's stock of real wealth to decrease but real national income to increase.
C) no change in the individual's real wealth but a decline in real national product.
D) the individual's wealth to increase.