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