As the price level falls and other things remain the same, real wealth and .
A) decreases; short- run aggregate supply decreases
B) increases; the quantity of real GDP demanded increases
C) increases; aggregate demand increases
D) decreases; the quantity of real GDP demanded decreases
Correct Answer:
Verified
Q117: Q118: An increase in the level of technology Q119: Q120: Long- run aggregate supply will decrease for Q121: An increase in the price level creates Q123: The aggregate demand curve shows the relationship Q124: Other things equal, along the aggregate demand Q125: Your real wealth is measured as the Q126: The aggregate demand curve illustrates relationship between Q127: Aggregate demand is the relationship between the
A)
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