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When Price Level in the United States Rises

Question 38

Multiple Choice

When price level in the United States rises,


A) there is a increased demand for borrowed money.
B) producers' demand for new machinery increases, contributing to an increase in aggregate demand.
C) Americans tend to buy more foreign goods and services.
D) the French, Canadians, and Japanese would find our exports more attractive.
E) to replenish the value of your real wealth, you would save less and consume more.

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