Multiple Choice
A decrease in the price level will
A) shift the aggregate demand curve to the right
B) shift the aggregate demand curve to the left
C) result in a movement upward along the aggregate demand curve
D) result in a movement downward along the aggregate demand curve
E) change the slope of the aggregate demand curve
Correct Answer:
Verified
Correct Answer:
Verified
Q15: The slope of the aggregate expenditure line
Q17: If the price level increases,other things constant,consumption
Q18: The economy will expand if<br>A)leakages exceed injections<br>B)injections
Q19: At the equilibrium level of real GDP,unplanned
Q21: If an increase in planned investment of
Q22: An increase in the price level will<br>A)shift
Q23: Exhibit 9-9 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4914/.jpg" alt="Exhibit 9-9
Q24: If the marginal propensity to save is
Q25: We can use an aggregate expenditure line
Q146: The smaller the marginal propensity to save,other