When price level in the United States rises,
A) there is a increased demand for borrowed money.
B) producers' demand for new machinery increases, contributing to an increase in aggregate demand.
C) Americans tend to buy more foreign goods and services.
D) the French, Canadians, and Japanese would find our exports more attractive.
E) to replenish the value of your real wealth, you would save less and consume more.
Correct Answer:
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Q1: When the price level falls,the total quantities
Q2: The total quantity of goods and services
Q3: Which of the following is true ,
Q5: Which of the following reasons helps explain
Q6: Which of the following is not a
Q7: The aggregate demand curve is drawn downward-sloping,because
Q9: Which of the following is not a
Q10: Which of the following helps explain why
Q11: The aggregate demand curve shows how real
Q30: The real balance effect (wealth effect), the
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