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    Economics Principles and Policy Study Set 1
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    Exam 25: Aggregate Demand and the Powerful Consumer
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    Figure 8-1 -Given the Scatter Diagram in Figure 8-1, How Much Will
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Figure 8-1 -Given the Scatter Diagram in Figure 8-1, How Much Will

Question 186

Question 186

Multiple Choice

Figure 8-1
Figure 8-1    -Given the scatter diagram in Figure 8-1, how much will consumption decrease if the price level rises by 5 percent? A) $50 billion  B) $100 billion  C) $200 billion  D) cannot be determined
-Given the scatter diagram in Figure 8-1, how much will consumption decrease if the price level rises by 5 percent?


A) $50 billion 
B) $100 billion 
C) $200 billion 
D) cannot be determined

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