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The Aggregate Demand Curve Shows That, If Other Factors Are

Question 1

Multiple Choice

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


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

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