Multiple Choice
Which of the following is the most likely to occur when a decrease in the price level in an economy affects the wealth of consumers?
A) a rightward shift of the aggregate supply curve
B) a leftward shift of the aggregate demand curve
C) a movement along the aggregate demand curve
D) a leftward shift of the aggregate supply curve
E) a leftward shift of both the aggregate demand and aggregate supply curves
Correct Answer:
Verified
Correct Answer:
Verified
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