What Is the Effect of an Increase in the Price

question 39

Multiple Choice

What is the effect of an increase in the price level?

• A)The real value of dollar-denominated assets will fall.
• B)The aggregate expenditure line will shift upward.
• C)The equilibrium level of output demanded will rise.
• D)There will be downward movement along a particular aggregate demand curve.
• E)The aggregate demand curve will shift rightward.

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