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Tidy Tidy
wrote...
Posts: 4852
8 years ago
According to the "wealth effect," when the ________ falls, the ________ rises.
A) inflation rate; nominal value of household assets
B) unemployment rate; average level of household income
C) price level; the nominal value of household wealth
D) price level; the real value of household wealth
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 192 times
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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Answer verified by a subject expert
SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
My pleasure Happy Dummy
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