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:

Verified
Correct Answer:
Verified
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Q15: Figure 13-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-1
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Q17: Figure 13-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-2
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Q23: Figure 13-2 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 13-2