A Decrease in the Price Level Will

question 154

Multiple Choice

A decrease in the price level will

• A)decrease consumption because the price of goods is lower
• B)make the consumption function flatter
• C)increase consumption because prices are wages,so people have more income
• D)increase consumption because the value of wealth has increased
• E)decrease consumption because rising interest rates make it more expensive to borrow

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Singular and Plural Nouns

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Plato

An ancient Greek philosopher, a student of Socrates and teacher of Aristotle, known for his contributions to Western philosophy, metaphysics, ethics, and epistemology.

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