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    Macroeconomics Study Set 40
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    Exam 10: Aggregate Supply and Aggregate Demand
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    When the Price Level Increases,
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When the Price Level Increases,

Question 242

Question 242

Multiple Choice

When the price level increases, .


A) aggregate demand decreases
B) real GDP remains constant
C) the quantity of real GDP demanded decreases
D) aggregate demand increases

Correct Answer:

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