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

Question 123

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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