Identify the Correct Statement

question 167

Multiple Choice

Identify the correct statement.

• A) An increase in the price level in an economy will increase the real value of dollar-denominated assets.
• B) An increase in the price level in an economy will shift the aggregate expenditure line upward.
• C) An increase in the price level in an economy will decrease the equilibrium level of output demanded.
• D) An increase in the price level in an economy will decrease the real GDP demanded along the aggregate demand curve.
• E) An increase in the price level in an economy will shift the aggregate demand curve rightward.

---

Definitions:

Neuroticism

A characteristic of personality defined by feelings of unease, instability in emotions, fretfulness, a tendency to worry, and experiences of fear.

Behavioral Traits

Characteristics or patterns of behavior that are observable and often considered to be inherent or acquired through interaction with the environment.

Consistency

The quality of always behaving in the same way or having the same attitudes, standards, and beliefs, leading to reliability and predictability.

Distinctiveness

How much an individual's behavior in a given situation differs from their behavior in other situations.