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When the Price Level Rises,planned Aggregate Expenditure Decreases Along the AD

Question 27

Multiple Choice

When the price level rises,planned aggregate expenditure decreases along the AD curve because of the


A) real-balances effect only.
B) real balances effect and the Fisher effect.
C) Fisher effect only.
D) foreign trade effect only.
E) real-balances effect and the foreign trade effect.

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