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  3. Study Set
    Principles of Macroeconomics Study Set 12
  4. Exam
    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    Other Things Equal, an Increase in the Price Level ________
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Other Things Equal, an Increase in the Price Level ________

Question 50

Question 50

Multiple Choice

Other things equal, an increase in the price level ________ the equilibrium interest rate and ________ equilibrium output.


A) increases; increases
B) increases; decreases
C) decreases; increases
D) decreases; decreases

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