An Increase in the Aggregate Price Level, P, Will Most

question 79

Multiple Choice

An increase in the aggregate price level, P, will most likely have which of the following effects?

• A) A rightward shift in the IS curve.
• B) A leftward shift in the IS curve.
• C) An upward shift in the LM curve.
• D) A downward shift in the LM curve.
• E) A downward shift in the IS curve and an upward shift in the LM curve.

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