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    Economics Study Set 7
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    Exam 11: Macroeconomic Equilibrium: Aggregate Demand and Supply
  5. Question
    A Higher Domestic Price Level Lowers Aggregate Expenditures And, Therefore
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A Higher Domestic Price Level Lowers Aggregate Expenditures And, Therefore

Question 30

Question 30

True/False

A higher domestic price level lowers aggregate expenditures and, therefore, shifts the aggregate demand curve to the left.

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