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A decrease in the price level might cause: A. an increase in the quantity of aggregate demand because of the substitution effect. B. An increase in the quantity of aggregate demand because of the wealth effect. C. A decrease in the quantity of aggregate demand because of the interest rate effect. D. A decrease in the quantity of aggregate demand because of the multiplier effect.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M91224971

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