5 The amount of Real GDP (real output) that households are willing and able to buy may...

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5 The amount of Real GDP (real output) that households are willing and able to buy may change if there is a change in either

(a) the price level or

(b) some nonprice factor, such as wealth, interest rates, and so on. Do you agree or disagree?

Explain your answer.

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Economics

ISBN: 9780324595420

9th Edition

Authors: Roger A. Arnold

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