When the Price Level Falls, the Aggregate Planned Expenditure Curve

question 259

Multiple Choice

When the price level falls, the aggregate planned expenditure curve shifts ________, equilibrium expenditure ________ and there is a movement ________ along the aggregate demand curve.

• A) upward; increases; upward
• B) downward; decreases; downward
• C) upward; increases; downward
• D) downward; increases; upward
• E) upward; decreases; downward

---

Definitions:

Accounting

The practice of recording, classifying, and reporting on financial transactions to track an entity's financial status and performance.

Voiding

The process of cancelling a check or transaction in financial record keeping.

Deleting

The act of removing data or records from a database or document, often irreversible.

Time Tracking

The process of recording the amount of time spent on various tasks, often for billing or payroll purposes.