If a reduction in stock prices reduces the real wealth of Americans, the
a. aggregate demand curve will shift to the left.
b. long-run aggregate supply will shift to the left.
c. general price level will increase.
d. aggregate demand curve will shift to the right.
A
Economics
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If the price of a movie download falls, the rental rate of DVDs ________ and the equilibrium quantity of DVDs rented ________
A) rises; decreases B) rises; increases C) falls; decreases D) falls; increases
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When prices of new houses rise significantly faster than rent prices, this is evidence of a:
A) debt-deflation process B) bubble C) financial crisis D) sovereign debt crisis
Economics