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    Essential Foundations of Economics Study Set 1
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    Exam 19: Aggregate Supply and Aggregate Demand
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    The Quantity of Real GDP Supplied Increases When the Price
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The Quantity of Real GDP Supplied Increases When the Price

Question 156

Question 156

Multiple Choice

The quantity of real GDP supplied increases when the price level increases because


A) investment increases.
B) the quantity of money increases.
C) the real wage rate falls.
D) the real wage rate rises.
E) aggregate demand increases.

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