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Author Question: The aggregate demand curve depicts a negative relationship between real GDP and the general price ... (Read 92 times)

fox

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on: Jun 30, 2018
The aggregate demand curve depicts a negative relationship between real GDP and the general price level.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Two donut chains in your town are battling for customers. The manager of the Real Yum Donut Shop lowered donut prices. As a result, customers:
 a. increase the quantity demanded of Real Yum donuts.
 b. decrease the quantity demanded of Real Yum donuts.
 c. buy the same quantity of Real Yum donuts as before the price change.
  d. decrease their demand for Real Yum donuts.


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tandmlomax84

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

True

Answer to Question 2

a


fox

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  • Posts: 540
Reply 2 on: Jun 30, 2018
Excellent

sultana.d

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

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