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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    As the Price of a Pound of Peanuts Falls, the
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As the Price of a Pound of Peanuts Falls, the

Question 4

Question 4

Multiple Choice

As the price of a pound of peanuts falls, the


A) demand for peanuts increases.
B) quantity of peanuts demanded increases.
C) demand for peanuts decreases.
D) Both answers A and C are correct.

Correct Answer:

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