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Author Question: The aggregate demand curve slopes downward because at lower price levels the purchasing power of ... (Read 105 times)

mwit1967

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on: Apr 19, 2019

Question 1

The change in consumption brought about by a change in purchasing power of savings that results from a change in the price level is the


◦ consumption effect.
◦ money supply effect.
◦ real wealth effect.
◦ interest rate effect.

Question 2

The aggregate demand curve slopes downward because at lower price levels the purchasing power of consumers' assets ________, which ________ real wealth.


◦ decreases; decreases
◦ increases; increases
◦ decreases; increases
◦ increases; decreases
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by mwit1967 on Apr 19, 2019

joshraies

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mwit1967

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Reply #2 on: Apr 19, 2019
Thanks


joshraies

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Reply #3 on: Apr 19, 2019
Welcome :)


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