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    Exam 18: Extending the Analysis of Aggregate Supply
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    In the Long Run, If the Price Level Decreases, Then
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In the Long Run, If the Price Level Decreases, Then

Question 99

Question 99

Multiple Choice

In the long run, if the price level decreases, then the economy's output level will:


A) Increase initially, but then fall back again
B) Increase
C) Decrease
D) Stay the same

Correct Answer:

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