Ceteris Paribus,the Price Level Will Decrease If the Aggregate

question 26

Multiple Choice

Ceteris paribus,the price level will decrease if the aggregate

• A)Supply curve shifts to the left.
• B)Demand curve shifts to the left.
• C)Demand curve shifts to the right.
• D)Supply and demand curves both shift to the right.

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Definitions:

Gestalt Principles

A theory in psychology that proposes objects are viewed holistically rather than as a sum of their parts.

Perceptual Organization

The process by which the brain organizes sensory input into meaningful patterns and configurations.

Clairvoyance

The alleged psychic ability to gain information about an object, person, location, or physical event through means other than the known human senses.

Telepathy

The purported communication of thoughts or ideas without using the known senses.