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    Understanding Modern Economics
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    Exam 11: Aggregate Demand and Supply  
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    A Fall in the Price Level
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A Fall in the Price Level

Question 101

Question 101

Multiple Choice

A fall in the price level


A) increases the real value of money balances.
B) decreases the value of real money balances.
C) shifts aggregate demand to the right.
D) shifts aggregate demand to the left.

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