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What Is the Result of an Increase in the Price

Question 20

Multiple Choice
What is the result of an increase in the price level?
A)a shift the aggregate demand curve to the left
B)a shift the aggregate demand curve to the right
C)a move the economy down along a stationary aggregate demand curve
D)a move the economy up along a stationary aggregate demand curve

What is the result of an increase in the price level?


A) a shift the aggregate demand curve to the left
B) a shift the aggregate demand curve to the right
C) a move the economy down along a stationary aggregate demand curve
D) a move the economy up along a stationary aggregate demand curve

Correct Answer:

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