Solved

Other Things Being Equal,a Fall in the Domestic Price Level

Question 81

Multiple Choice

Other things being equal,a fall in the domestic price level leads to a rise in private-sector wealth and thus


A) an increase in the average propensity to save.
B) an increase in autonomous desired consumption.
C) a downward shift in the AE curve.
D) a downward shift in net exports.
E) domestic goods appearing less attractive to foreigners.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions