If the Price Level Increases, the AE Curve Shifts

question 64

Multiple Choice

If the price level increases, the AE curve shifts

• A)downward and there is a movement along the AD curve.
• B)upward and the AD curve shifts rightward.
• C)upward and there is a movement along the AD curve.
• D)downward and the AD curve shifts rightward.
• E)upward and the AD curve shifts leftward.

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