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Suppose the price level falls.

Suppose the price level falls but suppliers only notice that the price of their particular product has fallen. Thinking there
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If aggregate demand shifts left, then in the short runa. the price level and real GDP both rise. b. the price level falls and
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If aggregate demand shifts left, then in the short runa. the price level rises and real GDP falls. b. the price and real GDP
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Suppose the price level falls. Because of fixed nominal wage contracts, firms become less profitable and they cut back on
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When selling goods with inelastic price elasticity of demand, total revenue will ___ :A. Rise as price falls B. Rise as price
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If the price of computers falls 6 percent during a period when the level of average prices falls 12 percent, the relative price
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Suppose you have $7,000 in savings when the price level index is at 100.A. If inflation pushes the price level up by 10 percent,
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2. asked by Anonymous
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Suppose in an economy the nominal money supply is $ 1000, the general price level is 4 and the real output is at its full
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2. asked by Anonymous
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1. Suppose that as the price of Y falls from $3.00 to $1.00 the quantity of Y demanded increases from 10 to 18. Compute the
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Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed
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2. asked by Samantha
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