WHAT TYPES OF BUSINESS ACTIVITIESCAUSECHANGES IN FINANCIAL STATEMENT AMOUNTS

supply shocks different from changes in the price level caused by monetary policy(passive) caused bychanges in the price level

the amount of time a dollar circulates through the economy to support a given amount of income changes in the money supplycausechanges in the price level

a data setcomposedof changes in financial asset prices

a change in the money supplycan causechanges in the price level

changes in relative prices associated with supply disturbances(passive) caused bychanges in the price level

If the quantity of money were fixed , then changes in expectations about future inflationary defaultwould causechanges in the price level

the ‘ residual ... inflation expectationscausechanges in the price level

disequilibriumcauseschanges in the price level

The second factorcould causechanges in the price level

Identifycauseschanges in totals on financial statements

a good idea about the factorscan causechanges in the price level

The ‘ madness of the people ... the major factorcauseschanges in the price of a financial asset