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    Economics Principles and Policy Study Set 2
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    Exam 26: Bringing in the Supply Side: Unemployment and Inflation
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    If the Price Level Rises, What Will Happen to the Level
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If the Price Level Rises, What Will Happen to the Level

Question 157

Question 157

Multiple Choice

If the price level rises, what will happen to the level of real GDP supplied?


A) It will usually decrease.
B) It will usually increase.
C) Nothing.
D) It will decrease at first and then increase.

Correct Answer:

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