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questions; fffAs price level rises and money demand increases, nominal interest rates rise as well. Based on the interest rate effect, what is the likely

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\f\f\fAs price level rises and money demand increases, nominal interest rates rise as well. Based on the interest rate effect, what is the likely outcome of this change? 0 a. Output demanded in [he U.S. increases and rms increase production. 0 b. Output demanded in the U5. decreases and rms decrease production. 0 c. Aggregate demand increases. 0 d. Aggregate demand decreases. 0 e. Long-run aggregate supply decreases. GDP is an indicator of a nation's production of goods and services in a given year. Which of the following would cause an increase in a nation's GDP? a. Foreign oil is purchased. b. Sales of used automobiles increase dramatically. c. Acarpenter builds a dining room table for his daughter's apartment. cl. Fees are earned by a broker for the purchase of nancial assets for her clients. 00000 e. A mechanic restores his own vintage automobile

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