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Deriving Aggregate Demand from the AE Model
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Problem 10
Deriving Aggregate Demand from the AE Model
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17. Aggregate Demand and Aggregate Supply Analysis / Deriving Aggregate Demand from the Aggregate Expenditure Model / Problem 6
Problem 6
What happens to aggregate expenditures if the price level decreases from 110 to 100?
A
Aggregate expenditures remain constant
B
Aggregate expenditures decrease
C
Aggregate expenditures increase
D
Aggregate expenditures fluctuate unpredictably
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