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MMLU / The effect of the spending multiplier is lessened if

Problem

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question

The effect of the spending multiplier is lessened if

choices

  1. the price level is constant with an increase in aggregate demand.
  2. the price level falls with an increase in aggregate supply.
  3. the price level is constant with an increase in long-run aggregate supply.
  4. the price level rises with an increase in aggregate demand.

subject

high_school_macroeconomics

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