- According To The Interest Rate Effect When The Price Level Rises People Need More Money To Make The Same Number Of Pur 1 (8.19 KiB) Viewed 31 times
According to the interest rate effect, when the price level rises, people need more money to make the same number of pur
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According to the interest rate effect, when the price level rises, people need more money to make the same number of pur
According to the interest rate effect, when the price level rises, people need more money to make the same number of purchases, so the demand for increases. As a result interest rates consumption and investment cousing which the quantity of real GDP demanded to