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    Exam 10: Real GDP and the Price Level in the Long Run
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    If the Price Level Increases
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If the Price Level Increases

Question 260

Question 260

Multiple Choice

If the price level increases


A) the buying power of your bank saving account falls.
B) the buying power of your bank saving accounts rises.
C) there is no effect on buying power.
D) the economy tends to grow faster.

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