Multiple Choice
When the price level rises,________ declines from the wealth effect,________ declines from the interest rate effect,and ________ decline(s) from the international trade effect.
A) consumption; investment; net exports
B) consumption; consumption; consumption
C) investment; investment; net exports
D) investment; consumption; net exports
E) investment; investment; investment
Correct Answer:
Verified
Correct Answer:
Verified
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