=+b. A fall in the price level doesn't make people feel richer.

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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Question Posted: Oct 15, 2024 06:02 AM

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=+b. A fall in the price level doesn't make people feel richer.
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=+a. The exchange rate changes from fixed to flexible.
=+c. A fall in the price level creates expectations of a further-falling price level.
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=+b. A fall in the price level doesn't make people feel richer.

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Economics

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