An increase in the price level will:
A) increase consumption and increase output demanded.
B) decrease consumption and increase output demand.
C) decrease consumption and decrease output demanded.
D) increase consumption and increase output demand.
Correct Answer:
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Q148: Q149: When the consumption function is expressed as Q150: When the consumption function is expressed as Q151: When the consumption function is expressed as Q152: If the consumption function is C = Q154: The multiplier in an open economy _ Q155: Suppose the consumption function is represented as Q156: If the consumption function is C = Q157: Recall Application 1, "Falling Home Prices, the Q158: 
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