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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    The "Law of Demand" States That, Other Things Remaining the Same
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The "Law of Demand" States That, Other Things Remaining the Same

Question 259

Question 259

Multiple Choice

The "law of demand" states that, other things remaining the same, the quantity demanded of any good is


A) positively related to its price.
B) directly related to its price.
C) directly related to the supply of the good.
D) inversely related to its price.

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