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The Change in the Aggregate Quantity of Goods and Services

Question 288

Multiple Choice

The change in the aggregate quantity of goods and services demanded in the U.S.is based on the logic that as the price level falls,


A) real wealth rises, interest rates rise, and the dollar appreciates.
B) real wealth rises, interest rates fall, and the dollar depreciates.
C) real wealth falls, interest rates rise, and the dollar appreciates.
D) real wealth falls, interest rates fall, and the dollar depreciates.

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