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    Essentials of Economics Study Set 4
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    Exam 11: Aggregate Supply and Demand
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    According to the Real Balances Effect,if the Price Level Rises
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According to the Real Balances Effect,if the Price Level Rises

Question 143

Question 143

True/False

According to the real balances effect,if the price level rises then the real value of savings increases and individuals will buy more output.

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