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Home Q & A Board Other Fields Homework Help Business Economics
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toripollard8 toripollard8
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Posts: 486
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4 years ago

Question 1.

Other things being equal, the more wealth households have, the more they consume.



▸ true

▸ false

Question 2.

If a decrease in the price level does increase the real value of wealth, this is a reason for the downward slope of the aggregate demand curve.



▸ true

▸ false
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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shamanieshamanie
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#1
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4 years ago
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toripollard8 Author
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#2
4 years ago
Helps a lot... Now I'm ready for my quiz
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