Which of these is a likely consequence of an increase in the price level in the economy,other things constant?
A) Firms demanding less imported raw materials
B) Government demanding less military hardware
C) Foreigners demanding greater amount of U.S.goods
D) Households demanding more housing and furniture
E) Firms demanding more capital resources
Correct Answer:
Verified
Q41: Identify the correct statement.
A)If the price level
Q42: A fall in the price level will:
A)cause
Q43: By a leading economic indicator,economists mean:
A)an indicator
Q44: The aggregate demand curve reflects:
A)a direct relationship
Q45: Which of these is the most likely
Q47: The value of a country's final goods
Q48: A rise in the price level will:
A)cause
Q49: Which of these statements correctly explains the
Q50: The aggregate supply curve represents:
A)the quantity of
Q51: The aggregate demand curve for an economy
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