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Macroeconomics Quiz Macroeconomics Skill Assessment

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Used by 100s of Jobseekers and students

Used by 100s of Jobseekers and students

Focused questions for skill assessment

Focused questions for skill assessment

Premium questions with correct answers

Premium questions with correct answers

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Free Sample Questions for Macroeconomics

What happens to the level of aggregate expenditure as the price level decreases?

It increases.

It decreases.

It remains constant.

It drops to zero.

Answer:
It increases.

Because of monopoly, consumers experience ________ than with perfect competition.

More choices

Larger quantities

Higher quality

Higher prices

Answer:
Higher prices

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