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    Economics Principles and Policy Study Set 2
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    Exam 24: Aggregate Demand and the Powerful Consumer
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    If the Price Level Increases, We Would Expect Consumers to
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If the Price Level Increases, We Would Expect Consumers to

Question 98

Question 98

Multiple Choice

If the price level increases, we would expect consumers to


A) raise their consumption functions.
B) move downward along their consumption functions.
C) lower their consumption functions.
D) move upward along their consumption functions.

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