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    Exam 10: Real GDP and the Price Level in the Long Run
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    Other Things Being Equal, the Lower Planned Real Expenditures Along
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Other Things Being Equal, the Lower Planned Real Expenditures Along

Question 43

Question 43

Multiple Choice

Other things being equal, the lower planned real expenditures along an aggregate demand curve are, the


A) more the production possibilities cure shifts to the left.
B) lower the price level.
C) higher the price level.
D) lower the level of endowments.

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