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An Increase in the Price Level Leads to

Question 115

Multiple Choice

An increase in the price level leads to


A) an upward movement along the aggregate supply curve.
B) a downward movement along the aggregate supply curve.
C) a leftward shift of the aggregate supply curve.
D) a rightward shift of the aggregate supply curve.
E) neither a movement along the aggregate supply curve nor a shift of the aggregate supply curve.

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