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As the Price Level Increases, the Quantity of RGDP Demanded

Question 52

Multiple Choice

As the price level increases, the quantity of RGDP demanded in the economy ____, and when the price level decreases, the quantity of RGDP demanded in the economy ____.


A) ​decreases, decreases
B) ​increases, increases
C) ​increases, decreases
D) ​decreases, increases

Correct Answer:

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