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When the Price Level Falls, the Aggregate Planned Expenditure Curve

Question 259

Multiple Choice

When the price level falls, the aggregate planned expenditure curve shifts ________, equilibrium expenditure ________ and there is a movement ________ along the aggregate demand curve.


A) upward; increases; upward
B) downward; decreases; downward
C) upward; increases; downward
D) downward; increases; upward
E) upward; decreases; downward

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