Multiple Choice
Can a change in the price level cause the aggregate demand curve to shift?
A) Yes,as the price level rises,aggregate demand shifts leftward.
B) Yes,but only under the condition that the real balance effect is operational.
C) No,only a change in a factor other than the price level can shift the aggregate demand curve.
D) No,a change in the price level can only shift the aggregate supply curve.
E) none of the above
Correct Answer:

Verified
Correct Answer:
Verified
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