A) a reduction in the price level.
B) the increase in productivity.
C) an increase in business taxes.
D) the real-balances, interest-rate, and foreign purchases effects.

Question

A) a reduction in the price level. 
B) the increase in productivity. 
C) an increase in business taxes. 
D) the real-balances, interest-rate, and foreign purchases effects.

Quizplus · Accepted Answer

The Answer of 
A) a reduction in the price level. 
B) the increase in productivity. 
C) an increase in business taxes. 
D) the real-balances, interest-rate, and foreign purchases effects.

A) a Reduction in the Price Level