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    Macroeconomics Study Set 41
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    Exam 11: Expenditure Multipliers: the Keynesian Model
  5. Question
    A Fall in the Price Level Shifts the AE Curve_________
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A Fall in the Price Level Shifts the AE Curve_________

Question 278

Question 278

Multiple Choice

A fall in the price level shifts the AE curve_________ and _________equilibrium expenditure.


A) downward; increases
B) upward; decreases
C) downward; decreases
D) upward; increases

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