The price level in India increases from 131 to 137 while its trading partners' price levels remain constant. As a result, people will buy ________ Indian-made goods and there will be a movement ________ along India's aggregate demand curve
A) more; upward
B) more; downward
C) less; downward
D) less; upward
D
Economics
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What will be an ideal response?
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In order to be a public good a good must be both a collective consumption good and be nonexcludable
a. True b. False
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