Top Posters
Since Sunday
A
6
j
6
c
5
m
5
C
5
d
5
s
5
n
4
i
4
d
4
d
4
J
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
jyang3 jyang3
wrote...
Go to Answer
Posts: 196
Rep: 45 0
5 years ago
A rise in the price level changes aggregate demand because
A) firms increase their investment when prices are higher.
B) the real value of people's wealth varies directly with the price level and so does their spending.
C) the real value of people's wealth decreases and so they decrease their consumption.
D) the more money people have, the more it is worth and hence the more goods and services they demand.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 48 times
1 Reply
Replies
Answer verified by a subject expert
brakebrake
wrote...
#1
Posts: 328
Rep: 15 0
5 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jyang3 Author
wrote...

5 years ago
Good timing, thanks!
gage
wrote...

Yesterday
Correct Slight Smile TY
jblazah
wrote...

2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  919 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 279
  
 89
  
 8763
Your Opinion
How often do you eat-out per week?
Votes: 80
Previous poll results: What's your favorite coffee beverage?