Only a Change in the Price Level Can Cause a Movement

question 126

True/False

Only a change in the price level can cause a movement from one point to another point along a given aggregate demand curve.

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Definitions:

Tender

An offer to perform an obligation or supply goods at a fixed price.

Condition Subsequent

A condition in a contract that, if it occurs, terminates an already established right or obligation.

Tender

refers to the offer of payment of money or the performance of an obligation in order to discharge a debt or fulfill a contract.

Offering

The process or act of presenting something for acceptance, consideration, or use, such as a financial instrument or a proposal.