The Change in the Quantity of Goods and Services Demanded

question 291

Multiple Choice

The change in the quantity of goods and services demanded in the U.S.is based on the logic that as the price level rises,

• A)real wealth falls, interest rates rise, and the dollar appreciates.
• B)real wealth falls, interest rates rise, and the dollar depreciates.
• C)real wealth rises, interest rates fall, and the dollar appreciates.
• D)real wealth rises, interest rates fall, and the dollar depreciates.

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