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    Economics Theory and Practice
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    Exam 4: Goals and Problems of the Macroeconomy: Employment, Prices and Production
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    When Prices Increase, Real Income
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When Prices Increase, Real Income

Question 199

Question 199

Multiple Choice

When prices increase, real income:


A) increases.
B) decreases.
C) is unaffected.
D) becomes a poor measure of purchasing power.

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