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What Is the Effect of an Increase in the Price

Question 104

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 upward.
C) The equilibrium level of output demanded will fall.
D) There will be downward movement along a particular aggregate demand curve.
E) The aggregate demand curve will shift rightward.

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