Question
Which of the statements about aggregate demand is true? A) The price level falls, so RGDP does as well. B) There is a direct relationship
Which of the statements about aggregate demand is true?
A) The price level falls, so RGDP does as well.
B) There is a direct relationship between price level and RGDP that consumers purchase.
C) The price level increases, so firms produce more goods.
D) As the price level falls, consumers purchase more.
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Introduction to Behavioral Economics
Authors: David R. Just
1st edition
0470596228, 978-0470596227
