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An Increase in the Price Level Might Cause

Question 86

Multiple Choice

An increase in the price level might cause:


A) a decrease in the quantity of aggregate demand because of the substitution effect.
B) an increase in the quantity of aggregate demand because of the money wealth effect.
C) a decrease in the quantity of aggregate demand because of the interest rate effect.
D) an increase in the quantity of aggregate demand because of the multiplier effect.

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