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  3. Study Set
    Principles of Macroeconomics Study Set 12
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    Exam 11: The Determination of Aggregate Output, the Price Level, and the Interest Rate
  5. Question
    If a Decrease in the Price Level Does Increase the Real
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If a Decrease in the Price Level Does Increase the Real

Question 147

Question 147

True/False

If a decrease in the price level does increase the real value of wealth, this is a reason for the downward slope of the aggregate demand curve.

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