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    Principles of Economics Study Set 8
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    Exam 33: Aggregate Demand and Aggregate Supply
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    Other Things the Same, as the Price Level Falls, the Exchange
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Other Things the Same, as the Price Level Falls, the Exchange

Question 99

Question 99

True/False

Other things the same, as the price level falls, the exchange rate rises. A rise in the exchange rate leads to a decrease in net exports.

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