Inverse relationship between price level and the real output

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Reference no: EM13772999

Why substitution effect does not apply to AD the way it is in the demand for a single product?

Does Income effect apply to AD as it is in the demand for a single product?

What do we consider when we explain the inverse relationship between price level and the real output?

How real balance effect, affect the inverse relationship between price level and the real output?

How interest rate effect, affects the inverse relationship between price level and the real output?

How foreign purchases effect, affects the inverse relationship between price level and the real output?

Reference no: EM13772999

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