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vellojo vellojo
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Posts: 2982
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8 years ago
The wealth effect of an increase in the price level results from a
A) change in the price of current goods relative to future goods.
B) change in the price of foreign goods relative to domestic goods.
C) change in the purchasing power of wealth.
D) Both answers B and C are correct.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
Read 114 times
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Studying economics @ Edinburgh U
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ukraniaukrania
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Posts: 1046
8 years ago
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vellojo Author
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7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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7 years ago
Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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