Multiple Choice
Which of the following is not true about a change in the price level?
A) It will shift the aggregate demand curve.
B) It will shift the aggregate expenditure curve.
C) It will result in a new value of equilibrium real GDP demanded.
D) It will change the real value of dollar-denominated assets.
E) It will shift the consumption function.
Correct Answer:
Verified
Correct Answer:
Verified
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