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bedau bedau
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6 years ago
Should the nominal money supply rise by six percent, real balances would remain unaffected if at the same time the price level ________ by six percent, which translates into the aggregate demand diagram as ________.
A) rises, a movement upward along AD by six percent
B) rises, an upward shift of AD by six percent
C) rises, a movement downward along AD by six percent
D) falls, a movement downward along AD by six percent
E) falls, a downward shift of AD by six percent
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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supersuinegsupersuineg
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bedau Author
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5 years ago
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