A Decrease in the Price Level Will Have Which of the Following

question 27

Multiple Choice

A decrease in the price level will have which of the following effects?

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

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