If the Price Level Rises,then

question 1

Multiple Choice

If the price level rises,then

• A)the interest rate falls and spending on goods and services falls.
• B)the interest rate falls and spending on goods and services rises.
• C)the interest rate rises and spending on goods and services falls.
• D)the interest rate rises and spending on goods and services rises.

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Definitions:

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The collection of characteristics, traits, and social roles that define an individual or group.

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A person's progress or general course of action through life or through a phase of life, as in some profession or undertaking.

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Holding to traditional attitudes and values and cautious about change or innovation, typically in politics or religion.