An upward movement along the aggregate demand curve is caused by a(n)
A) decrease in the economy's interest rate
B) increase in the economy's money supply
C) increase in the economy's price level
D) increase in households' consumption spending

Question

Quizplus · Accepted Answer

An upward movement along the aggregate demand curve is caused by an increase in the economy's price level. This movement represents how the quantity of goods and services demanded decreases as the price level rises, holding all other factors constant.

An Upward Movement Along the Aggregate Demand Curve Is Caused