An Increase in the Price Level Leads to

question 115

Multiple Choice

An increase in the price level leads to

• A)an upward movement along the aggregate supply curve.
• B)a downward movement along the aggregate supply curve.
• C)a leftward shift of the aggregate supply curve.
• D)a rightward shift of the aggregate supply curve.
• E)neither a movement along the aggregate supply curve nor a shift of the aggregate supply curve.

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