A Decrease in the Price Level in an Economy Is

question 83

Multiple Choice

A decrease in the price level in an economy is likely to cause a(n) _____

• A) decrease in the real value of dollar-denominated assets.
• B) downward shift of the aggregate expenditure line.
• C) decrease in the equilibrium level of output demanded.
• D) increase in consumption spending.
• E) leftward shift of the aggregate demand curve.

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