-In the Figure Above, as the Price Level Increases the Aggregate

question 148

Multiple Choice

-In the figure above, as the price level increases the aggregate demand curve will

• A) shift from AD₁ to AD₃.
• B) shift from AD₁ to AD₂.
• C) not shift but the aggregate demand curve will change its slope will change so that it is positively sloped.
• D) not shift.
• E) shift from AD₁ to AD₃ and then back to AD₁ .

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