What is the effect of a decrease in the price level?
A) an upward shift in the aggregate expenditure line
B) a fall in the equilibrium level of output demanded
C) an upward movement along a particular aggregate demand curve
D) a rightward shift in the aggregate demand curve

Question

What is the effect of a decrease in the price level?  
A) an upward shift in the aggregate expenditure line 
B) a fall in the equilibrium level of output demanded 
C) an upward movement along a particular aggregate demand curve 
D) a rightward shift in the aggregate demand curve

Quizplus · Accepted Answer

The Answer of What is the effect of a decrease in the price level?  
A) an upward shift in the aggregate expenditure line 
B) a fall in the equilibrium level of output demanded 
C) an upward movement along a particular aggregate demand curve 
D) a rightward shift in the aggregate demand curve

What Is the Effect of a Decrease in the Price