Multiple Choice
If the price level increases,the AE curve shifts
A) upward and there is a movement along the AD curve.
B) upward and the AD curve shifts leftward.
C) downward and there is a movement along the AD curve.
D) upward and the AD curve shifts rightward.
E) downward and the AD curve shifts rightward.
Correct Answer:
Verified
Correct Answer:
Verified
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