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9 December, 19:43

Is it possible for the price level to fall while production and employment both rise? if it is possible, how could this happen? if it is not possible, explain why not?

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  1. 9 December, 21:15
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    No, it is not possible. This is not possible because if the price level were to fall, the producer gets less money as well. Less money means less employees because the producer can no longer pay the employees.
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