A Decrease in the Price Level Will

question 95

Multiple Choice

A decrease in the price level will

• A)shift the aggregate expenditure line upward
• B)shift the aggregate expenditure line downward
• C)cause a movement up along the aggregate expenditure line
• D)cause a movement down along the aggregate expenditure line
• E)have no effect on the aggregate expenditure or the equilibrium level of real GDP

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Definitions:

R

In electrical engineering, "R" typically refers to resistance, which is a measure of the opposition to the flow of electric current.

Apparent Power

The product of the current and voltage in an AC circuit, measured in volt-amperes, not necessarily equal to the actual power consumed.

RC Parallel Circuit

An electrical circuit in which a resistor and a capacitor are connected in parallel, affecting the impedance and phase angle of the overall circuit.

R

A symbol commonly used to represent resistance in an electrical circuit, measured in ohms.