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    Exam 12: The Aggregate-Demandaggregate-Supply Model
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    A Rise in Income Will Cause Consumer Spending to
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A Rise in Income Will Cause Consumer Spending to

Question 53

Question 53

Multiple Choice

A rise in income will cause consumer spending to


A) decline.
B) not change.
C) rise.
D) fall at first, then rise later.

Correct Answer:

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