English, 21.11.2019 02:31 deannajd03
Which of the following statements is false? a)a rise in the price level lowers real wealth and results in a lower level of consumer spending. b)a rise in the price level increases the demand for money, raises the interest rate, and reduces investment spending. c)a fall in the price level will generally lead to a rise in the level of aggregate output demanded.
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Which of the following statements is false? a)a rise in the price level lowers real wealth and resul...
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