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Home Q & A Board Other Fields Homework Help Business Economics
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jyang3 jyang3
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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:
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brakebrake
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#1
Posts: 328
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5 years ago
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jyang3 Author
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5 years ago
Just got PERFECT on my quiz
nsak
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Yesterday
You make an excellent tutor!
DragonHeart
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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