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If Consumption Changes Because of a Change in the Price

Question 169

Multiple Choice

If consumption changes because of a change in the price level,then the


A) economy moves from one point on an AD curve to another point on the same curve.
B) AD curve shifts.
C) economy moves from one point on a SRAS curve to another point on the same curve.
D) SRAS curve shifts.
E) none of the above

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