Other things the same, as the price level rises, the real value of a dollar rises, and interest rates rise. rises, and interest rates fall. falls, and interest rates rise. falls, and interest rates fall.

Other things the same, as the price level rises, the real value of a dollar rises, and interest rates rise. rises, and interest rates fall. falls, and interest rates rise. falls, and interest rates fall.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Other things the same, as the price level rises, the real value of a dollar

rises, and interest rates rise.

rises, and interest rates fall.

falls, and interest rates rise.

falls, and interest rates fall.

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