Multiple Choice
If the price level in the U.S.increases,aggregate output demanded:
A) decreases because U.S.products become cheaper relative to foreign products.
B) decreases because U.S.products become more expensive relative to foreign products.
C) increases because U.S.products become cheaper relative to foreign products.
D) increases because U.S.products become more expensive relative to foreign products.
E) decreases because household wealth and spending increase.
Correct Answer:

Verified
Correct Answer:
Verified
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