As the Price Level Falls and Other Things Remain the Same

question 138

Multiple Choice

As the price level falls and other things remain the same, real wealth ________ and ________.

• A) decreases; the short-run aggregate supply decreases
• B) decreases; the quantity of real GDP demanded decreases
• C) increases; aggregate demand increases
• D) increases; the quantity of real GDP demanded increases

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Definitions:

Double Chains

Structures consisting of two parallel chains of atoms or molecules bonded together, often found in silicate minerals.

Silicon Tetrahedron

A structural unit in silicate minerals, consisting of a central silicon atom covalently bonded to four oxygen atoms at the corners of a tetrahedron.

Silicate Minerals

Minerals that contain silicon and oxygen, and possibly other elements, constituting the largest family of minerals.

Silicon Tetrahedron

A fundamental building block in silicate minerals, consisting of a silicon atom surrounded by four oxygen atoms in a tetrahedral arrangement.