If the price level falls but people don't feel richer because of that fall, then the AD curve would likely:
A)shift in.
B)shift out.
C)be flatter than it otherwise would be.
D)be steeper than it otherwise would be.

Question

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The Answer of If the price level falls but people don't feel richer because of that fall, then the AD curve would likely:
A)shift in.
B)shift out.
C)be flatter than it otherwise would be.
D)be steeper than it otherwise would be.

If the Price Level Falls but People Don't Feel Richer