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    Principles of Economics Study Set 11
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    Exam 27: The Great Recession, the Great Depression, and Great Macroeconomic Debates
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    When the U
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When the U

Question 95

Question 95

Multiple Choice

When the U.S.aggregate demand curve shifted to the left during the Great Depression,


A) the price level increased.
B) the price level decreased.
C) real gross domestic product (GDP) increased.
D) expected income increased.
E) tax rates decreased.

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