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An Increase in the Price Level, Other Things Equal, Will

Question 108

Multiple Choice

An increase in the price level, other things equal, will shift the


A) consumption, investment, and net exports schedules of the aggregate expenditures model downward.
B) consumption, investment, and net exports schedules of the aggregate expenditures model upward.
C) consumption and investment schedules of the aggregate expenditures model upward, but the net exports schedule downward.
D) consumption and net exports schedules of the aggregate expenditures model upward, but the investment schedule downward.

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