Multiple Choice
If the price level increases
A) the buying power of your bank saving account falls.
B) the buying power of your bank saving accounts rises.
C) there is no effect on buying power.
D) the economy tends to grow faster.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q255: The long-run aggregate supply curve will shift
Q256: An increase in the level of prices
Q257: Which one of the following would NOT
Q258: Which of the following will result in
Q259: Which of the following statements is TRUE?<br>A)
Q261: Secular deflation<br>A) has been a serious problem
Q262: Which of the following would cause the
Q263: Aggregate supply<br>A) is the total amount of
Q264: What is measured on the horizontal axis
Q265: How can the long-run equilibrium level of