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    Macroeconomics Study Set 17
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    Exam 13: Aggregate Demand and Aggregate Supply Analysis
  5. Question
    An Increase in Investment Causes the Price Level to ________
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An Increase in Investment Causes the Price Level to ________

Question 18

Question 18

Multiple Choice

An increase in investment causes the price level to ________ in the short run and ________ in the long run.


A) increase; increase further
B) increase; decrease
C) decrease; decrease further
D) decrease; increase

Correct Answer:

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