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An increase in the price level cause aggregate demand to increase.

PiMaster314

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An increase in the price level cause aggregate demand to increase.

Question 1.

The aggregate demand curve shows that at higher price levels the total quantity of output demanded is greater.

▸ true

▸ false

Question 2.

An increase in the price level cause aggregate demand to increase.

▸ true

▸ false

Textbook

Principles of Economics

Edition: 12^th

Authors: Case, Fair, Oster

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More solutions for this book are available here

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