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  3. Study Set
    Macroeconomics Study Set 12
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    Exam 9: Aggregate Expenditure and Output in the Short Run
  5. Question
    A Decrease in the Price Level ________ Real Wealth, Which
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A Decrease in the Price Level ________ Real Wealth, Which

Question 50

Question 50

Multiple Choice

A decrease in the price level ________ real wealth, which causes consumption to ________.


A) lowers; increase
B) lowers; decrease
C) raises; increase
D) raises; decrease

Correct Answer:

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