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The Aggregate Demand Curve Shows That, If Other Factors Are

Question 211

Multiple Choice

The aggregate demand curve shows that, if other factors are held constant, a


A) higher price level results in a lower interest rate.
B) higher price level results in an increase in the quantity of real GDP demanded.
C) lower price level results in inflationary conditions.
D) higher price level results in a decrease in the quantity of real GDP demanded.

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