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    Macroeconomics Study Set 46
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    Exam 3: Demand and Supply
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    If Both the Demand and Supply Increase, the Equilibrium Quantity
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If Both the Demand and Supply Increase, the Equilibrium Quantity

Question 101

Question 101

Multiple Choice

If both the demand and supply increase, the equilibrium quantity ________ and the equilibrium price ________.


A) decreases; might rise, fall or not change
B) increases; falls
C) decreases; rises
D) increases; might rise, fall or not change

Correct Answer:

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