Multiple Choice
When the price level increases, aggregate planned expenditure decreases, which leads to
A) a rightward shift of the aggregate demand curve.
B) a leftward shift of the aggregate demand curve.
C) neither a movement along nor a shift of the aggregate demand curve.
D) an upward movement along the aggregate demand curve.
E) a downward movement along the aggregate demand curve.
Correct Answer:
Verified
Correct Answer:
Verified
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