A Fall in the Price Level Will _____

question 156

Multiple Choice

A fall in the price level will _____

• A) cause an upward movement along the aggregate demand curve.
• B) cause a downward movement along the aggregate demand curve.
• C) cause a leftward shift of the aggregate demand curve.
• D) cause a rightward shift of the aggregate demand curve.
• E) have no impact on the aggregate demand curve.

---

Definitions:

Contributory Negligence

is a defensive legal strategy used to claim that an injured party cannot recover damages if it is demonstrated that they were also at fault, even partially, for their own injury.

Warranty of Merchantability

An implicit guarantee that a product is fit for the general purpose for which it is sold and meets a minimum quality standard.

Section 402A

A provision in the Restatement (Second) of Torts that establishes the manufacturer's liability for harm caused by defective products.

Restatement of the Law of Torts

A collection of common law principles regarding civil wrongs, excluding contract disputes, intended for clarity and adaptation by courts.