A rise in the price level--------------------the buying power of money and--------------------the quantity of real GDP demanded.
A) lowers; increases
B) does not affect; increases
C) does not affect; does not change
D) lowers; decreases
E) raises; decreases
Correct Answer:
Verified
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Q12: Q13: The aggregate demand curve illustrates the relationship Q15: A combination of declining real GDP and Q16: An increase in--------------------increases potential GDP and-------------------- Q17: If the quantity of real GDP demanded Q18: Cost-push inflation can start with Q19: Because there is a-------------------- relationship between the
A)an increase in
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