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    Business
  3. Study Set
    Intermediate Macroeconomics
  4. Exam
    Exam 16: Money and Business Cycles I: the Price-Misperceptions Model
  5. Question
    Real Variables Can Only Be Affected By
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Real Variables Can Only Be Affected By

Question 32

Question 32

Multiple Choice

Real variables can only be affected by:


A) unperceived changes in the price level.
B) perceived changes in the price level.
C) expected changes in the price level.
D) actual changes in the price level.

Correct Answer:

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