An Increase in the Price Level Shifts the AE Curve

question 39

Multiple Choice

An increase in the price level shifts the AE curve

• A) downward and does not shift the AD curve.
• B) downward and shifts the AD curve rightward.
• C) upward and shifts the AD curve rightward.
• D) downward and shifts the AD curve leftward.
• E) upward and shifts the AD curve leftward.

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Definitions:

Cognitive Abilities

Mental skills encompassing learning, thinking, reasoning, problem-solving, decision-making, and memory.

Hands-on

Involving active engagement and direct experience in learning or doing something, rather than just theory.

Interactive Approach

A methodology that emphasizes active participation and engagement in learning processes, often involving two-way communication and feedback.

Piaget

A rephrased definition: Jean Piaget was a Swiss psychologist known for his pioneering work in the field of child development, especially regarding children’s cognitive development stages.