Which of the following 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 amounts of U.S. goods
D) households demanding more housing and furniture
E) firms demanding more capital resources

Question

Quizplus · Accepted Answer

The Answer of Which of the following 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 amounts of U.S. goods
D) households demanding more housing and furniture
E) firms demanding more capital resources

Which of the Following Is a Likely Consequence of an Increase