Multiple Choice
A change in the price level
A) shifts the AE curve and the AD curve in the same direction.
B) shifts the AE curve and the AD curve in opposite directions.
C) shifts the AE curve and creates a movement along the AD curve.
D) creates a movement along the AE curve and shifts the AD curve.
E) creates a movement along both the AE curve and the AD curve.
Correct Answer:
Verified
Correct Answer:
Verified
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