Solved

If the Price Level Falls,the Real Value of a Dollar

Question 4

Multiple Choice

If the price level falls,the real value of a dollar


A) rises,so people will want to buy more.This response helps explain the slope of the aggregate demand curve.
B) rises,so people will want to buy more.This response shifts aggregate demand to the right.
C) falls,so people will want to buy less.This response helps explain the slope of the aggregate demand curve.
D) falls,so people will want to buy less.This response shifts aggregate demand to the left.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions