If the overall price level rises from 100 to 150, the aggregate
A) quantity demanded could increase from $5 trillion to $6 trillion.
B) quantity demanded could decrease from $5 trillion to $4 trillion.
C) demand curve could shift to the right.
D) demand curve could shift to the left.
Correct Answer:
Verified
Q3: Which of the following is true ,
Q4: Which of the following correctly describes the
Q6: When price level in the United States
Q7: The net exports effect is the inverse
Q8: For an economy, aggregate demand equals:
A) consumption
Q9: Which of the following reasons helps explain
Q10: Which of the following is not a
Q11: When the CPI is 300, a real
Q12: The aggregate demand curve indicates the relationship
Q50: The aggregate demand curve slopes downward indicating
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