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    Exam 10: Classical and Keynesian Macro Analyses
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    If Your Income and the Price Level Both Rise by 5
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If Your Income and the Price Level Both Rise by 5

Question 127

Question 127

Multiple Choice

If your income and the price level both rise by 5 percent, and you think you now have more real income, you are suffering from


A) diminishing marginal expectations.
B) leakages.
C) injections.
D) money illusion.

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