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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    When Supply Decreases and Demand Does Not Change, the Equilibrium
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When Supply Decreases and Demand Does Not Change, the Equilibrium

Question 288

Question 288

Multiple Choice

When supply decreases and demand does not change, the equilibrium quantity and the equilibrium price _.


A) decreases; rises
B) increases; falls
C) decreases; falls
D) increases; rises

Correct Answer:

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