D) Convection currents are responsible for powering the movement of tectonic plates.
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If the money supply increases and nominal GDP remains the same, then A. price level increases.
<h3>What is Money Supply?</h3>
This refers to the total amount of money that is in circulation in a country that usually increases spending.
Hence, an open market sale by the federal reserve will increase the interest rates because it would increase investment spending because an OMO sale decreases interest rates which make getting loans easier.
M= Money supply
V= Velocity
P- Price level
Y= nominal GDP
Hence, with the increase in the money supply, then there would be an increase in the price supply.
Read more about money supply here:
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Answer:
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Most likely federal, as monarchy isn't a strong central government, it's a one person government with optional advisors. A federal government implies a democratic style of leadership with a main government instead of separate small ones within a country.
