If the Price Level Rises

question 60

Multiple Choice

If the price level rises,

• A)the aggregate expenditures line shifts upward; the economy moves downward along the aggregate demand curve
• B)the aggregate expenditures line shifts downward; the economy moves upward along the aggregate demand curve
• C)the aggregate demand curve shifts to the right; the economy moves along the aggregate expenditure line
• D)the aggregate demand curve shifts to the left; the economy moves along the aggregate expenditure line
• E)the aggregate expenditure line shifts upward; the aggregate demand curve shifts to the right

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Definitions:

Leading by Values

Guiding and influencing others based on a shared set of ethical beliefs and principles that drive decision-making and actions.

Character

The mental and moral qualities distinctive to an individual.

Integrity

Completion, wholeness, and soundness; a quality of character requiring honesty and courage; a virtue necessary for trust; the most important quality desired in a leader. See values, honesty, and courage.

Adversity

Difficult or unfavorable conditions or situations that pose challenges to individuals or groups.