Decreases in the price level will
A)lower consumption because goods and services are less affordable.
B)raise consumption because goods and services are more affordable.
C)raise consumption because real wealth increases.
D)lower consumption because real wealth decreases.

Question

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The Answer of Decreases in the price level will
A)lower consumption because goods and services are less affordable.
B)raise consumption because goods and services are more affordable.
C)raise consumption because real wealth increases.
D)lower consumption because real wealth decreases.

Decreases in the Price Level Will