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NYC NYC
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8 years ago
When the general price level falls:
A) consumption rises as a result of the real wealth effect.
B) investment falls as a result of the multiplier effect.
C) investment falls as a result of the real wealth effect.
D) consumption decreases as a result of the multiplier effect.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
Thanks for answering Slight Smile
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