A Decrease in the Price Level Will Cause

question 138

Multiple Choice

A decrease in the price level will cause:

• A) the short-run aggregate supply curve to shift to the right.
• B) the aggregate demand curve to shift to the right.
• C) a movement rightward along the short-run aggregate supply curve.
• D) the long-run aggregate supply curve to shift to the right.

---

Definitions:

Common Mission

A shared goal or purpose that unites the members of a group or organization, driving them toward collective achievement.

Legal Entity

An organization or business that is given legal rights and responsibilities, including the ability to enter into contracts, sue, and be sued.

Economic Order Quantity

Economic Order Quantity (EOQ) is a formula used in inventory management to determine the optimal order size that minimizes the total cost of holding and ordering inventory.

Total Expenses

The sum of all costs and expenses associated with operating a business or executing a project.