The an easy aggregate demand and accumulation supply curve model helps explain A) fluctuations in real GDP and the price level. B) permanent growth. C) price fluctuations in an individual market. D) calculation fluctuations in an individual market.

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Because of the steep of the aggregate demand curve, we have the right to say that A) a diminish in the price level leader to a lower level of actual GDP demanded. B) an increase in the price level leads to no adjust in the level of actual GDP demanded. C) a diminish in the price level leads to a greater level of real GDP demanded. D) boost in the price level leader to a higher level of real GDP demanded.
Which that the following best describes the "wealth effect"?A) when the price level falls, the real value of household wealth falls. B) once the price level falls, the nominal value of family wealth falls. C) as soon as the price level falls, the nominal value of family wealth rises. D) when the price level falls, the actual value of family wealth rises.
The "interest price effect" deserve to be explained as an increase in the price level the raises the interest rate and also chokes offA) government spending. B) government spending and also unplanned investment. C) investment and also consumption spending. D) net exports.

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The global trade impact states that A) boost in the price level will certainly raise net exports. B) rise in the price level will reduced net exports. C) an increase in the price level will certainly raise exports. D) boost in the price level will lower imports.
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