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    Exam 25: Spending and Output in the Short Run
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    Historically Speaking, a One-Dollar Decrease in Household Wealth Will Cause
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Historically Speaking, a One-Dollar Decrease in Household Wealth Will Cause

Question 9

Question 9

Multiple Choice

Historically speaking, a one-dollar decrease in household wealth will cause consumer spending to fall by:


A) $0.03 to $0.07.
B) $0.30 to $0.70.
C) $3.00 to $7.00.
D) $30.00 to $70.00.

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