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Munze Munze
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6 years ago
In the aggregate demand relation, an increase in the price level causes output to decrease because of its effect on
A) government spending.
B) the money market and, subsequently, investment.
C) the nominal wage.
D) firms' markup over labor costs.
E) the expected price level.
Textbook 
Macroeconomics

Macroeconomics


Edition: 6th
Authors:
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Macroeconomics, 6/E (Blanchard, Johnson)
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legendvpnlegendvpn
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6 years ago
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Munze Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
jbarnett14
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Yesterday
Helped a lot
patyfeitosa
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2 hours ago
This calls for a celebration Person Raising Both Hands in Celebration
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