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Other Fields Homework Help Economics Topic started by: Tidy on Jun 22, 2015



Title: When the price level falls from 135 to 120, the aggregate level of GDP supplied falls from $140 bill
Post by: Tidy on Jun 22, 2015
When the price level falls from 135 to 120, the aggregate level of GDP supplied falls from $140 billion to $125 billion. This ________ relationship represents the ________ relationship between GDP and the price level.
A) negative; short-run
B) positive; short-run
C) negative; long-run
D) positive; long-run


Title: Re: When the price level falls from 135 to 120, the aggregate level of GDP supplied falls from $140
Post by: Smoooth on Jul 12, 2015
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Title: Re: When the price level falls from 135 to 120, the aggregate level of GDP supplied falls from $140 bill
Post by: Smoooth on Aug 31, 2015
You're welcome :-]