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An Increase in the Price Level in the Aggregate Expenditures

Question 58

Multiple Choice

An increase in the price level in the aggregate expenditures model would:


A) Decrease aggregate expenditures and shift the AD curve to the left
B) Increase aggregate expenditures and shift the AD curve to the right
C) Decrease aggregate expenditures but would not shift the AD curve
D) Increase aggregate expenditures but would not shift the AD curve

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