A shift in the aggregate planned expenditure curve as a result of an increase in the price level results in
A)a downward movement along the aggregate demand curve.
B)a rightward shift in the aggregate demand curve.
C)no movement along the aggregate demand curve and no shift in the aggregate demand curve.
D)an upward movement along the aggregate demand curve.
E)a leftward shift in the aggregate demand curve.

Question

Quizplus · Accepted Answer

The Answer of A shift in the aggregate planned expenditure curve as a result of an increase in the price level results in
A)a downward movement along the aggregate demand curve.
B)a rightward shift in the aggregate demand curve.
C)no movement along the aggregate demand curve and no shift in the aggregate demand curve.
D)an upward movement along the aggregate demand curve.
E)a leftward shift in the aggregate demand curve.

A Shift in the Aggregate Planned Expenditure Curve as a Result