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Author Question: As the price level increases, the quantity of RGDP demanded in the economy ____, and when the price ... (Read 54 times)

viki

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on: Jun 30, 2018
As the price level increases, the quantity of RGDP demanded in the economy ____, and when the price level decreases, the quantity of RGDP demanded in the economy ____.
 a. decreases, decreases
  b. increases, increases
  c. increases, decreases
  d. decreases, increases

Question 2

Annual expenditures by the federal government exhibited an upward trend, rising from 3 billion in 1930 to more than 1 trillion in 2010.
 a. True
  b. False
  Indicate whether the statement is true or false


joneynes

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

True


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