The short-run effect of an increase in the supply of money is A. an increase in both real Gross Domestic Product (GDP) and the
price level. B. an increase in the price level but not in real Gross Domestic Product (GDP). C. an increase in the price level, a decrease in real Gross Domestic Product (GDP), but an increase in nominal national income. D. an increase in real Gross Domestic Product (GDP) but not in the price level.
A. an increase in both real Gross Domestic Product (GDP) and the price level.
Explanation:
Based on various economic theories, the short-run effect of an increase in the supply of money leads to increased or more availability of money for lending and borrowing, and higher rates of spending, which then equates to more production level at local markets and thereby ultimately lead to increased in country's GDP (Gross Domestic Product)
Hence, in this case, the correct answer is "A. an increase in both real Gross Domestic Product (GDP) and the price level."
. . . that would be a <u><em>clipper ship</em></u>
this would be a larger vessel meant for traveling long distances quickly & smoothly resulting from it's construction using a narrow/streamlined body & large sail spread to catch the wind.
Thomas Jefferson wanted to separate the institution of the church and the state. Religious people did not agree with him and accused him of being atheist. When Jefferson won the election the Congregationalists hid their Bibles because they were afraid to practise their religion and ruine their reputation. This fear was influenced by the political mudslinging during this time.
Inca were known for their cruelty and often killed people, but they would not be killed. Rather, they would be separated and sent to different regions, sometimes where other languages were spoken, to make it impossible for them to organise further rebellions.
