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Svet_ta [14]
3 years ago
7

When the price level decreases, _____. rev: 06_12_2018 Multiple Choice the demand for money falls and the interest rate falls ho

lders of financial assets with fixed money values decrease their spending holders of financial assets with fixed money values have less purchasing power there is a decrease in consumer spending that is sensitive to changes in interest rates
Business
1 answer:
beks73 [17]3 years ago
6 0

Answer:

The demand for money falls and the interest rate falls.

Explanation:

Price level can be described as the evaluation of the amount in which goods and services are sold in the market. A change in the price level can greatly affect the demand of a customer either positively or negatively.

A decrease in the price level enables a customer to purchase more products and at the same time save some amount of money, this results in the reduction of interest rates.

When the price level reduces, individuals will need less amount of money to buy the same quantity and type of product.

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Answer:

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Write a sample professional greeting you would record on your professional cell phone to be heard by employers and recruiters if
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The entries are made as follows;

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Income Summary            Cr.$4,350

(To close revenue account)

Income Summary

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Insurance Expense       Dr.$540

Salaries and Wages Expense Dr.$1,770

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Retained Earnings                         Cr.$1,130

7 0
3 years ago
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