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21 (2 points) When the general price level rises __________. Question 21 options: Consumption increases as a result of the shock effect. Investment rises as
21 (2 points) When the general price level rises __________. Question 21 options: Consumption increases as a result of the shock effect. Investment rises as a result of the wealth effect. Invest falls as a result of the consumption link effect. Consumption falls as a result of the wealth effect
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Intermediate Microeconomics
Authors: Hal R. Varian
9th edition
978-0393123975, 393123979, 393123960, 978-0393919677, 393919676, 978-0393123968
