How will a rise in the price level affect the aggregate expenditure curve and the aggregate demand curve?
A) The aggregate expenditure curve will shift upward, and the aggregate demand curve will shift to the right.
B) The aggregate expenditure curve will shift upward, and the aggregate demand curve will shift to the left.
C) The aggregate expenditure curve will shift downward, and the aggregate demand curve will shift to the left.
D) The aggregate expenditure curve will shift downward, and the aggregate demand curve will shift to the right.

Question

How will a rise in the price level affect the aggregate expenditure curve and the aggregate demand curve?  
A) The aggregate expenditure curve will shift upward, and the aggregate demand curve will shift to the right. 
B) The aggregate expenditure curve will shift upward, and the aggregate demand curve will shift to the left. 
C) The aggregate expenditure curve will shift downward, and the aggregate demand curve will shift to the left. 
D) The aggregate expenditure curve will shift downward, and the aggregate demand curve will shift to the right.

Quizplus · Accepted Answer

The Answer of How will a rise in the price level affect the aggregate expenditure curve and the aggregate demand curve?  
A) The aggregate expenditure curve will shift upward, and the aggregate demand curve will shift to the right. 
B) The aggregate expenditure curve will shift upward, and the aggregate demand curve will shift to the left. 
C) The aggregate expenditure curve will shift downward, and the aggregate demand curve will shift to the left. 
D) The aggregate expenditure curve will shift downward, and the aggregate demand curve will shift to the right.

How Will a Rise in the Price Level Affect the Aggregate