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    Exam 8: Production and Costs
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    A Fall in the Price Level Changes the Purchasing Power
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A Fall in the Price Level Changes the Purchasing Power

Question 115

Question 115

Multiple Choice

A fall in the price level changes the purchasing power of money.This is relevant to the __________ effect.


A) international trade
B) real balance
C) aggregate demand
D) interest rate
E) aggregate supply

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