A shift in the aggregate expenditure curve as a result of a rise in the price level,
A)shifts the aggregate demand curve leftward.
B)has no effect on the aggregate demand curve.
C)shifts the aggregate demand curve rightward.
D)creates a movement down along the aggregate demand curve.
E)creates a movement up along the aggregate demand curve.

Question

Quizplus · Accepted Answer

The Answer of A shift in the aggregate expenditure curve as a result of a rise in the price level,
A)shifts the aggregate demand curve leftward.
B)has no effect on the aggregate demand curve.
C)shifts the aggregate demand curve rightward.
D)creates a movement down along the aggregate demand curve.
E)creates a movement up along the aggregate demand curve.

A Shift in the Aggregate Expenditure Curve as a Result