In the long-run, an increase in the budget deficit and an expansionary monetary policy would:
a. increase the price level only.
b. increase both the price level and real income.
c. increase real income only.
d. none of these

With the increase in the budget deficit and the expansionary monetary policy, the price level will also increase.

Option A

Explanation:

Budget deficit is when the expenditure of the government is more than the revenue earned by the government. Expansionary monetary policy is that policy with which the supply of the money in the economy increases.

With both these increasing, the effect would be increase in the demand of the people for the goods and the services. This will lead to increase in the level of prices in the economy if the supply of the goods and services does not increase.

answer; the correct answer should be (demonstrations); good luck

c

explanation:

c because the item on a bank statement is also referred to as an account statement. in addition, it provides the beginning balance, ending balance, statement date, transaction date for each transaction, payee, customer name and address, statement period, the account holder's account number, and the bank's customer service number