Multiple Choice
What is the effect of an increase in the price level?
A) The real value of dollar-denominated assets will rise.
B) The aggregate expenditure line will shift downward.
C) The equilibrium level of output demanded will rise.
D) There will be downward movement along a particular aggregate demand curve.
E) The aggregate demand curve will shift rightward.
Correct Answer:
Verified
Correct Answer:
Verified
Q7: Which of the following is not a
Q8: Which of the following is not true
Q9: The simple multiplier<br>A)when divided by consumption spending
Q10: If the mps is 0.25,the simple multiplier
Q11: If output exceeds planned aggregate spending,the result
Q13: If the price level decreases,<br>A)the aggregate expenditures
Q14: If the marginal propensity to consume is
Q15: The slope of the aggregate expenditure line
Q17: If the price level increases,other things constant,consumption
Q146: The smaller the marginal propensity to save,other