When the price level increases there is ________ movement along the aggregate demand curve because the buying power of money ________.
A) a downward; increases
B) an upward; decreases
C) an upward; increases
D) a downward; decreases
E) no; does not change

Question

Quizplus · Accepted Answer

When the price level increases, there is an upward movement along the aggregate demand curve because the buying power of money decreases, making consumers less able to purchase goods and services.

When the Price Level Increases There Is ________ Movement Along