Which of the following would lead to an upward movement along the aggregate demand curve?
A) An increase in government purchases
B) An increase in the money supply
C) An increase in the price level
D) A decrease in the money supply
E) An increase in taxes.

Question

Quizplus · Accepted Answer

An upward movement along the aggregate demand curve is caused by an increase in the price level, which typically results in a decrease in the quantity of goods and services demanded.

Which of the Following Would Lead to an Upward Movement