If the price level rises with a marked change in real output this is known as

Related MCQs

• If the price of tea rises and that of coffee falls
• If the price index is 200, it means that the price level is
• If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as
• The price of diamonds is higher than the price of wheat because
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• In a factory the costs which increase as output increases are known as
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• Lower level management is also known as....
• A worker's real wages are determined by
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