In general, a change in the price level, all other things unchanged, causes:
A) a movement along the aggregate demand curve.
B) a shift of the aggregate demand curve.
C) both a movement along the aggregate demand curve and a shift in the curve.
D) no change in the purchasing power of assets.

Question

Quizplus · Accepted Answer

A change in the price level, all other things unchanged, would result in a movement along the aggregate demand curve, as it would affect the quantity demanded of goods and services, but would not shift the entire curve.

In General, a Change in the Price Level, All Other