Why Does an Increase in the Price Level Cause a Decrease

question 178

Multiple Choice

Why does an increase in the price level cause a decrease in real GDP demanded?

• A)Consumer wealth increases.
• B)Net exports will increase.
• C)Interest rates decrease and cause higher investment.
• D)Net exports will decrease.

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A psychological approach that emphasizes the influence of the unconscious mind on behavior and the importance of childhood experiences in shaping personality and behavior.