If the price level increases, there is _{--------------------}the AD curve and the quantity of real GDP demanded_{--------------------} . A)a movement upward along; decreases B)no change in; does not change C)a leftward shift in; decreases D)a movement upward along; increases E)a movement downward along; increases

Question

Quizplus · Accepted Answer

When the price level increases, there is a movement upward along the aggregate demand (AD) curve, and the quantity of real GDP demanded decreases due to the inverse relationship between price level and quantity demanded.

If the Price Level Increases, There Is --------------------the AD Curve

If the Price Level Increases, There Is _{--------------------}the AD Curve