Multiple Choice
People will buy more if the price level
A) rises because rising prices increase the real value of a dollar.
B) rises because rising prices decrease the real value of a dollar.
C) falls because falling prices increase the real value of a dollar.
D) falls because falling prices decrease the real value of a dollar.
Correct Answer:
Verified
Correct Answer:
Verified
Q6: Other things the same,an increase in the
Q7: Other things the same,an increase in the
Q8: If the price level falls,the real value
Q9: If speculators gained greater confidence in foreign
Q10: At a given price level,an increase in
Q12: The aggregate demand curve shifts left if
Q13: If businesses in general decide that they
Q14: The aggregate demand and aggregate supply graph
Q16: Aggregate demand shifts right when the government<br>A)decreases
Q28: Other things the same, as the price