Solved

If There Is a Rise in the Price Level,there Is

Question 65

Multiple Choice

If there is a rise in the price level,there is a(n) ________ movement along the AS curve because there is ________ in the quantity of real GDP supplied.


A) downward;an increase
B) upward;a decrease
C) upward;an increase
D) upward;no change
E) downward;a decrease

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions