If the Price Level Increases,the AE Curve Shifts

question 9

Multiple Choice

If the price level increases,the AE curve shifts

• A)upward and there is a movement along the AD curve.
• B)upward and the AD curve shifts leftward.
• C)downward and there is a movement along the AD curve.
• D)upward and the AD curve shifts rightward.
• E)downward and the AD curve shifts rightward.

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Definitions:

Remittitur

A court-ordered reduction of an excessive jury verdict in a civil case.

Trial Court

The court where a case is initially tried, involving presentation of evidence and witness testimony before a judge or jury for a verdict.

Prima Facie

Latin for 'at first sight,' it refers to evidence or facts that are sufficient to prove a case or establish a claim unless disproven by other evidence.

Right Of Publicity

The right of publicity is the right of an individual to control and make money from the commercial use of his or her identity.