AuthorTopic: ecom question
@2014-10-29 14:45:08
Section 17, Reading 5, Q 4 in the readings.

The question goes

If price level decreases then real wealth _____ , consumption _____ and AD _____

All three are decreases and it doesnt make sense. If you do all four Q's in that section you know that price level does NOT shift AD. How can this be?

CFA Discussion Topic: ecom question

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I am using your study notes and I know of at least 5 other friends of mine who used it and passed the exam last Dec. Keep up your great work!