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    Macroeconomics
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    Exam 7: Costs of Not Working and Living: Unemployment and Inflation
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    When the Price Level Falls by 20 Percent, Products That
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When the Price Level Falls by 20 Percent, Products That

Question 24

Question 24

True/False

When the price level falls by 20 percent, products that previously cost $60 now cost $48.

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