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According to the intertemporal substitution effect, when the price level rises and other things remain the same
Impulses
are sudden, involuntary urges to do something, often without premeditation.
Pruning
The process of reducing or eliminating neural connections in the brain that are not used, which serves to streamline cognitive functioning.
Neurons
Specialized cells in the nervous system that transmit information to other nerve cells, muscle, or gland cells.
Q35: The table above gives the aggregate demand
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