In the Long Run,a Leftward Shift of the Aggregate Demand

question 31

Multiple Choice

In the long run,a leftward shift of the aggregate demand curve will lead to a(n) :

• A)increase in equilibrium output but will not change the price level in an economy.
• B)increase in the price level as well as the equilibrium output in an economy.
• C)decrease in the price level but will leave the equilibrium output unchanged in an economy.
• D)increase in the price level but will leave the equilibrium output unchanged in an economy.
• E)decrease in the price level as well as the equilibrium output in an economy.