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Author Question: If the overall price level increases, it will cause a decrease in the quantity of real goods and ... (Read 31 times)

darbym82

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If the overall price level increases, it will cause a decrease in the quantity of real goods and services demanded but not a change in aggregate demand curve.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Empirical evidence suggests that more digital cameras are being sold today than one year ago, and the selling price has decreased. The probable reason for this could have been an increase in supply.
 a. True
  b. False
  Indicate whether the statement is true or false



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alvinum

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Answer to Question 1

True

Answer to Question 2

True




darbym82

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it


steff9894

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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