Fill in the bianks with the number that corresponds to the correct word or phrase in the word bank: 1. Reduces/reduce 2. Rise/increase/increases 3. right 4. International trade effect 5. Wealth effect 6. Left 7. Interest rate effect An increase in the price level the real value of money and real wealth. A reduction in the price level the real value of money and real wealth and consumption. The tendency for price level changes to change real wealth and consumption called the A reduction in the price level will the real quantity of money and thus the interest rate. A lower interest rate, all other things unchanged, will the level of investment. A higher price level the real quantity of money and interest rates, and reduces investment. This is called the A higher price level makes a country's exports and imports A lower price level will exports and imports. The impact of different price levels on the level of net exports is called the An increase in autonomous aggregate expenditures shifts the aggregate demand curve to the ;a reduction shifts it to the

Fill in the bianks with the number that corresponds to the correct word or phrase in the word bank: 1. Reduces/reduce 2. Rise/increase/increases 3. right 4. International trade effect 5. Wealth effect 6. Left 7. Interest rate effect An increase in the price level the real value of money and real wealth. A reduction in the price level the real value of money and real wealth and consumption. The tendency for price level changes to change real wealth and consumption called the A reduction in the price level will the real quantity of money and thus the interest rate. A lower interest rate, all other things unchanged, will the level of investment. A higher price level the real quantity of money and interest rates, and reduces investment. This is called the A higher price level makes a country's exports and imports A lower price level will exports and imports. The impact of different price levels on the level of net exports is called the An increase in autonomous aggregate expenditures shifts the aggregate demand curve to the ;a reduction shifts it to the

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Please fill in all of the blanks to complete the question.

Fill in the blanks with the number that corresponds to the correct word or phrase in the word bank:
1. Reduces/reduce
2. Rise/increase/increases
3. right
4. International trade effect
5. Wealth effect
6. Left
7. Interest rate effect
An increase in the price level
the real value of money and
real wealth.
A reduction in the price level
the real value of money and
real wealth and consumption.
The tendency for price level changes to change real wealth and consumption is called the
A reduction in the price level will
the real quantity of money and thus
the interest rate. A lower interest rate, all other things unchanged, will
the level of investment.
A higher price level
the real quantity of money and
interest rates, and reduces investment. This is called the
A higher price level makes a country's exports
and imports
A lower price level will
exports and
imports.
The impact of different price levels on the level of net exports is called the
An increase in autonomous aggregate expenditures shifts the aggregate demand curve to the
; a reduction shifts it to the

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