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  3. Study Set
    Financial System and the Economy Principles
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    Exam 22: Aggregate Demand and Aggregate Supply
  5. Question
    In the Short Run, If Aggregate Demand Decreases
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In the Short Run, If Aggregate Demand Decreases

Question 5

Question 5

Multiple Choice

In the short run, if aggregate demand decreases,


A) output increases while prices fall.
B) only prices fall.
C) prices rise.
D) both output and the price level fall.

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