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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
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    The Three Consequences of the Decline in Demand During the Great
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The Three Consequences of the Decline in Demand During the Great

Question 176

Question 176

Multiple Choice

The three consequences of the decline in demand during the Great Depression were _____ prices, _____ output, and a surge in unemployment.


A) falling; declining
B) falling; increasing
C) rising; increasing
D) rising; declining

Correct Answer:

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