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    Economics Study Set 7
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    Exam 11: Macroeconomic Equilibrium: Aggregate Demand and Supply
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    In the Short Run, a Decrease in the General Price
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In the Short Run, a Decrease in the General Price

Question 43

Question 43

True/False

In the short run, a decrease in the general price level will cause business profits to rise and, hence, the total quantity of output to increase.

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