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(3pts) All else equal, if the price level , aggregate money demand will becauseindividual households and firms must spend more money than before to purchase
- (3pts) All else equal, if the price level , aggregate money demand will becauseindividual households and firms must spend more money than before to purchase their usual weekly baskets of goods and services.
- rises;rise
- rises;fall
- falls;rise
- rises;staythesame
- falls;staythesame
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
