A Change in Wealth Induced by a Change in the Price

question 115

Multiple Choice

A change in wealth induced by a change in the price level is shown as a

• A)movement along the aggregate demand curve.
• B)movement along the aggregate demand curve due to substitution effects.
• C)shift of the aggregate demand curve due to substitution effects.
• D)shift of the aggregate demand curve due to the wealth effect.
• E)movement along the aggregate supply curve.

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