Q 9

An increase in the price level results in a(n)________ in the quantity of real GDP demanded because ________. A) decrease; a higher price level reduces consumption, investment, and net exports. B) increase; a higher price level reduces consumption, investment, and net exports. C) decrease; a higher price level increases consumption, investment, and net exports. D) increase; a higher price level increases consumption, investment, and net exports.

Multiple Choice