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WINSTONCH [101]
2 years ago
6

The aggregate quantity of goods and services demanded changes as the price level rises because

Business
1 answer:
makvit [3.9K]2 years ago
4 0

Answer:

a.

Explanation:

The aggregate quantity of goods and services demanded changes as the price level rises because real wealth falls causing interest rates to rise, and this in term causes the dollar to appreciate since the interest rates are for products and services within the country and not foreign goods or services. Which as the dollar appreciates it means that foreign goods and services will become cheaper or that their relative price will fall.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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Case company allocates $5 overhead to each unit produced. the company uses a plantwide overhead rate with machine hours as the a
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