Other things the same,a decrease in the price level makes the dollars people hold worth
A)more,so they can buy more.
B)more,so they can buy less.
C)less,so they can buy more.
D)less,so they can buy less.

Question

Quizplus · Accepted Answer

A decrease in the price level means that goods and services are cheaper, so the purchasing power of each dollar increases. Therefore, people can buy more with the same amount of dollars, making their dollars worth more.

Other Things the Same,a Decrease in the Price Level Makes