An Increase in the Price Level, Other Things Equal, Will

question 108

Multiple Choice

An increase in the price level, other things equal, will shift the

• A) consumption, investment, and net exports schedules of the aggregate expenditures model downward.
• B) consumption, investment, and net exports schedules of the aggregate expenditures model upward.
• C) consumption and investment schedules of the aggregate expenditures model upward, but the net exports schedule downward.
• D) consumption and net exports schedules of the aggregate expenditures model upward, but the investment schedule downward.

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