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4. In a recession. real GDP falls and consumer spending: {1} is unaffected. {2} rises. {3} falls. {4} may rise at fall fT. 1it'tilien the
4. In a recession. real GDP falls and consumer spending: {1} is unaffected. {2} rises. {3} falls. {4} may rise at fall \fT. 1it'tilien the price level rises, households will: {1} buy more goods and servioes. {2} buy bonds or other assets. {3} sell bonds or other assets. {-1-} deposit money into an interest-bearing savings account. 8. 'IAI'liich of the following is NOT one of the reasons the aggregate-demand curve slopes dovmward? {1} As price level falls, interest rates fall, which stimulates the demand for investment of goods. {2'} As price level falls. the exchange rate depreciatesmhjch stimulates thedemand for net exports. {3} As price level falls, consumers are less wealthy, which allows for higher consumption ofgoods. {4} As price level falls. consumers are more wealthv, which stimulates the demand for consumption of goods.
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