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What happens to price level when aggregate demand decreases and aggregate supply is set at potential output? (Neoclassical economics) Select the correct answer below: Price
What happens to price level when aggregate demand decreases and aggregate supply is set at potential output? (Neoclassical economics) Select the correct answer below: Price level decreases Price level remains the same Price level increases None of the above
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International Economics Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc Melitz
11th Edition
134519574, 9780134521046 , 978-0134519579
