Which of these is a negative effect of increasing price levels? O a. Increases the real value of money O b. Encourages higher consumption O c. Shifts aggregate demand outward O d. moves aggregate demand downward

Which of these is a negative effect of increasing price levels? O a. Increases the real value of money O b. Encourages higher consumption O c. Shifts aggregate demand outward O d. moves aggregate demand downward

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

A nation's monetary policy is usually implemented by the
O a. Ministry of Trade
O b. Ministry of Commerce
O c. Ministry of Manpower
O d. Central Bank

Which of these is a negative effect of increasing price levels?
a. Increases the real value of money
O b. Encourages higher consumption
O c. Shifts aggregate demand outward
O d. moves aggregate demand downward

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