The Effect of an Increase in the Price Level on the Aggregate-Demand

question 79

Multiple Choice

The effect of an increase in the price level on the aggregate-demand curve is represented by a

• A)shift to the right of the aggregate-demand curve.
• B)shift to the left of the aggregate-demand curve.
• C)movement to the left along a given aggregate-demand curve.
• D)movement to the right along a given aggregate-demand curve.

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Definitions:

Pride

A feeling of satisfaction derived from one's own achievements, the achievements of those with whom one is closely associated, or from qualities or possessions that are widely admired.

Shame

A painful feeling arising from the consciousness of something dishonorable or improper done by oneself or another.

Pride

A feeling of satisfaction and self-respect that comes from one's achievements, qualities, or possessions, which can also reflect a community's esteem.