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The Aggregate Demand Curve Shows That,if Other Factors Are Held

Question 34

Multiple Choice

The aggregate demand curve shows that,if other factors are held constant,a


A) higher price level results in a decrease in the quantity of real GDP demanded.
B) higher price level results in an increase in the quantity of real GDP demanded.
C) higher price level results in a lower interest rate.
D) lower price level results in inflationary conditions.

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