Hello everyone. I'm at the GATL pro high school and I have a job to do. Could you please help me.
Write the message to members. At the reopening, Mrs. LARROSSA informs you that a new ZUMBA activity will be offered on Tuesdays and Thursdays from 11:00 a.m. to 11:45 a.m. and will be led by CAMILLE. Take care of your style and write your note in a cordial tone. You will sign "The VITAFORM team".
Answer:
The intuition behind the real wealth effect is that when the price level decreases, it takes less money to buy goods and services. The money you have is now worth more and you feel wealthier. So, in response to a decrease in the price level, real GDP will increase.
Explanation: