People will buy more if the price level rises because rising prices increase the real value of

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People will buy more if the price level

rises because rising prices increase the real value of a dollar.

rises because rising prices decrease the real value of a dollar.

falls because falling prices increase the real value of a dollar.

falls because falling prices decrease the real value of a dollar.

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Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Posted Date: Jan 11, 2024 06:13 AM

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People will buy more if the price level rises because rising prices increase the real value of

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