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From course:

Economics A Level

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Question:

Why may Price Levels increasing [Movement on the AD Curve] lead to Output Falling?

Author: go kys



Answer:

-Consumption in the Home Nation will be Limited as its more Expensive -Exports will see Less Demand as its less Competitive -Imports will see More Demand, given their Prices haven’t Risen [More Cheaper]


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go kys
go kys