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zhenek [66]
2 years ago
9

The ______ is when a higher price level reduces the purchasing power of the public's accumulated savings balances. Multiple choi

ce question. international-trade effect real-balances effect price-level effect interest-rate effect
Business
1 answer:
katovenus [111]2 years ago
4 0

Answer:

Explanation:

Hi

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Coffee and tea are substitutes in consumption. If there is an increase in the price of coffee, assuming a positively sloped supp
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Will increase

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