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    Exam 8: Skating to Where the Puck Is Going: Aggregate Supply and Aggregate Demand
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    According to the Law of Aggregate Demand, as the Price
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According to the Law of Aggregate Demand, as the Price

Question 294

Question 294

Multiple Choice

According to the law of aggregate demand, as the price level rises, aggregate quantity demanded decreases because spending on Canadian products and services by ________ decreases.


A) consumers
B) governments
C) R.O.W.
D) businesses
E) consumers and R.O.W.

Correct Answer:

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