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
Correct Answer:

Verified
Correct Answer:
Verified
Q55: If the level of autonomous spending increases
Q56: An increase in the price level will<br>A)shift
Q57: If the marginal propensity to consume is
Q58: If the multiplier is 4,a $10 billion
Q59: The aggregate demand curve illustrates a relationship
Q61: The larger the MPS,the smaller the multiplier
Q62: On the aggregate expenditure graph,if autonomous saving
Q63: A decrease in the price level will
Q64: If investment increases by $100 and,as a
Q65: Which is true regarding the marginal propensity