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    Macroeconomics Study Set 40
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    Exam 10: Aggregate Supply and Aggregate Demand
  5. Question
    An Increase in the Price Level Creates a
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An Increase in the Price Level Creates a

Question 297

Question 297

Multiple Choice

An increase in the price level creates a


A) movement along the aggregate demand curve.
B) wealth effect.
C) decrease in consumption expenditures.
D) All of the above answers are correct.

Correct Answer:

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