Question: When the overall price level increases, it decreases the value of domestic consumers' assets, known as __________, and also decreases the purchasing power of consumers
When the overall price level increases, it decreases the value of domestic consumers' assets, known as __________, and also decreases the purchasing power of consumers from other countries, which is known as _________
the foreign trade effect; the real wealth effect
the foreign trade effect; comparative advantage
the real wealth effect; the foreign trade effect
the interest rate effect; the real wealth effect
the interest rate effect; comparative advantage
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