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When the Price Level Rises,the Quantity of Real GDP Supplied

Question 196

Multiple Choice

When the price level rises,the quantity of real GDP supplied ________ because ________.


A) decreases;new businesses open
B) increases;new businesses open
C) decreases;businesses fail and have to shut their doors
D) increases;AS curve shifts rightward
E) increases;businesses fail and have to shut their doors

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