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A reduction in the aggregate price level,P,will most likely have which of the following effects?
Product
Any good, service, or idea that can be offered to a market to satisfy a want or need.
Majority
Majority refers to more than half of a particular group or quantity, often used to describe the greater part of a population or collection.
Population
Refers to the total number of people living in a particular area or country at a specific time.
Law
A system of rules that are created and enforced through social or governmental institutions to regulate behavior.
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