In the Aggregate Demand-Aggregate Supply Model,an Increase in the Price

Multiple Choice

In the aggregate demand-aggregate supply model,an increase in the price level will

A) increase money demand,raise the interest rate,reduce aggregate expenditure,and decrease equilibrium real GDP
B) decrease money demand,lower the interest rate,increase aggregate expenditure,and increase real GDP
C) increase the money supply,lower the interest rate,increase aggregate expenditure,and increase real GDP
D) decrease the money supply,raise the interest rate,reduce aggregate expenditure,and decrease real GDP
E) not change money supply,money demand or the interest rate,but will shift the aggregate demand curve to the right