Identify the Correct Statement

question 44

Multiple Choice

Identify the correct statement.

• A)An increase in the price level in an economy will increase the real value of dollar-denominated assets.
• B)An increase in the price level in an economy will shift the aggregate expenditure line upward.
• C)An increase in the price level in an economy will decrease the equilibrium level of output demanded.
• D)An increase in the price level in an economy will cause an upward movement along the aggregate demand curve.
• E)An increase in the price level in an economy will shift the aggregate demand curve rightward.