When the Price Level Rises There Is a ________ the Aggregate

question 178

Multiple Choice

When the price level rises there is a ________ the aggregate demand curve.

• A)rightward shift of
• B)movement down along
• C)leftward shift of
• D)movement up along
• E)rotation of

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Definitions:

Volatile

Characterized by or subject to rapid or unexpected change, often used to describe financial markets or memory storage that requires power to maintain stored information.

Technology

The application of scientific knowledge for practical purposes, especially in industry, through the use of machinery, software, and techniques.

Strategic Advantage

an edge that an organization gains over its competitors through strategies such as cost leadership, differentiation, or rapid response to market changes.

RAM

Random Access Memory (RAM) is a type of computer memory used to store working data and machine code currently in use. It allows data items to be read or written in almost the same amount of time irrespective of the physical location of data inside the memory.