A Decrease in the Price Level in an Economy Is

question 122

Multiple Choice

A decrease in the price level in an economy is likely to cause a:

• A)decrease in the real value of dollar-denominated assets.
• B)downward shift of the aggregate expenditure line.
• C)decrease in the equilibrium level of output demanded.
• D)downward movement along the aggregate demand curve.
• E)leftward shift of the aggregate demand curve.

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Definitions:

Suppliers

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