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    Macroeconomics Study Set 48
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    Exam 12: Aggregate Demand and Aggregate Supply
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    According to the Aggregate Demand Curve, When the Aggregate Price
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According to the Aggregate Demand Curve, When the Aggregate Price

Question 29

Question 29

Multiple Choice

According to the aggregate demand curve, when the aggregate price level _____, the quantity of aggregate output _____.


A) rises; supplied falls
B) falls; demanded falls
C) rises; demanded falls
D) rises; demanded does not change

Correct Answer:

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