If the Aggregate Supply Curve Is Upward Sloping, Then an Increase

question 76

Multiple Choice

If the aggregate supply curve is upward sloping, then an increase in autonomous consumption leads to a(n)

• A) increase in aggregate demand and a rise in the price level.
• B) decrease in aggregate demand and a rise in the price level.
• C) decrease in aggregate demand and a fall in the price level.
• D) no change in aggregate demand and no change in the price level.

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Definitions:

Geographical Area

A distinct section of the planet's surface demarcated by either natural or man-made borders.

Retail Outlets

Physical or online stores that sell goods or services directly to consumers.

Intensive Distribution

A marketing strategy that aims to distribute a product as widely and comprehensively as possible across various outlets.

Selective Distribution

A strategy where a product is distributed through a limited number of channels or retailers to maintain exclusivity or control over the brand.