Multiple Choice
Which of the following statements is correct?
A) An increase in the price level shifts the aggregate demand curve rightward.
B) An increase in the price level shifts the aggregate demand curve leftward.
C) An increase in the quantity of the money shifts the aggregate demand curve rightward.
D) An increase in the real interest rate shifts the aggregate demand curve rightward.
E) An increase in the money wage rate shifts the aggregate demand curve leftward.
Correct Answer:
Verified
Correct Answer:
Verified
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