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If the Price Level Rises

Question 60

Multiple Choice

If the price level rises,


A) the aggregate expenditures line shifts upward; the economy moves downward along the aggregate demand curve
B) the aggregate expenditures line shifts downward; the economy moves upward along the aggregate demand curve
C) the aggregate demand curve shifts to the right; the economy moves along the aggregate expenditure line
D) the aggregate demand curve shifts to the left; the economy moves along the aggregate expenditure line
E) the aggregate expenditure line shifts upward; the aggregate demand curve shifts to the right

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