A rise in prices leads to a:
A)movement up and to the left, along the same aggregate demand curve.
B)movement down and to the right, along the same aggregate demand curve.
C)right shift of the aggregate demand curve.
D)left shift of the aggregate demand curve.

Question

Quizplus · Accepted Answer

A rise in prices leads to a movement up and to the left along the same aggregate demand curve, as higher prices typically reduce the quantity of goods and services demanded.

A Rise in Prices Leads to A