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Which of the following statements is not true?
Real Wealth Effect
The change in consumption levels caused by a change in purchasing power, often due to inflation or deflation.
Aggregate Demand Curve
The Aggregate Demand Curve represents the total quantity of all goods and services demanded by the economy at different price levels.
Equilibrium Real National Output
The level of output where aggregate supply equals aggregate demand in an economy, adjusted for inflation.
Inventories
Goods that have been produced but remain unsold.
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