CLEP Principles Of Macroeconomics Practice Questions - CLEP Principles Of Macroeconomics Exam

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In a competitive market, a decrease in the price of a good, holding all else constant, will most directly cause which of the following?

An increase in the quantity demanded along the demand curve A leftward shift of the demand curve A rightward shift of the supply curve An increase in demand

Correct Answer:

An increase in the quantity demanded along the demand curve

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