If a Change in Wealth Is Induced by a Change

question 84

Multiple Choice

If a change in wealth is induced by a change in the price level, then this would be shown as a

• A)movement along the aggregate demand curve.
• B)shift of the aggregate demand curve due to the substitution effects.
• C)movement along the aggregate demand curve due to the substitution effects.
• D)movement along the aggregate supply curve.
• E)shift of the aggregate demand curve due to the wealth effect.

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