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    Macroeconomics Principles Study Set 1
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    Exam 3: Supply and Demand
  5. Question
    An Increase in Demand Causes the Equilibrium Price to _____
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An Increase in Demand Causes the Equilibrium Price to _____

Question 233

Question 233

Multiple Choice

An increase in demand causes the equilibrium price to _____ and the equilibrium quantity to _____.


A) fall; fall
B) fall; rise
C) rise; fall
D) rise; rise

Correct Answer:

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