Other Things Being Equal,an Exogenous Rise in the Domestic Price

Multiple Choice

Other things being equal,an exogenous rise in the domestic price level will

A) have no effect on the level of desired real expenditure.
B) increase the level of desired real expenditure.
C) decrease desired real expenditure only if it is accompanied by a change in the current income of households.
D) decrease desired real expenditure because it will affect the real value of wealth.
E) cause net exports to rise.