Multiple Choice
Which of the following will cause the price level to increase in the long- run?
A) a decrease in government spending
B) an increase in income taxes
C) a decrease in the money supply
D) an increase in the interest rates
Correct Answer:

Verified
Correct Answer:
Verified
Q178: The aggregate demand curve slopes downward because
Q179: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.5 -Refer
Q180: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5231/.jpg" alt=" Figure 9.3 -Refer
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Q185: The aggregate demand curve shows a(n) _
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Q187: A rightward shift in the aggregate demand
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