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11 Dec 2019
Choose the correct answer for the below -
When the price level rises, the number of dollars needed to buy a representative basket of goods :
a. increases, so the value of money rises.
b. increases, so the value of money falls.
c. decreases, so the value of money rises.
d. decreases, so the value of money falls.
Choose the correct answer for the below -
When the price level rises, the number of dollars needed to buy a representative basket of goods :
a. increases, so the value of money rises.
b. increases, so the value of money falls.
c. decreases, so the value of money rises.
d. decreases, so the value of money falls.
Richa AroraLv10
30 Aug 2020