Multiple Choice
A fall in the price level
A) decreases aggregate planned expenditures and shifts the aggregate demand curve leftward.
B) shifts the aggregate expenditure curve upward and increases the quantity of real GDP demanded.
C) shifts both the aggregate expenditures curve and aggregate demand curve upward.
D) shifts the aggregate demand curve rightward and increases equilibrium GDP.
Correct Answer:
Verified
Correct Answer:
Verified
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