An increase in the price level will
A)shift the aggregate expenditure line upward
B)shift the aggregate expenditure line downward
C)cause a movement up along the aggregate expenditure line
D)cause a movement down along the aggregate expenditure line
E)have no effect on the aggregate expenditure line or the equilibrium level of real GDP

Question

Quizplus · Accepted Answer

The Answer of An increase in the price level will
A)shift the aggregate expenditure line upward
B)shift the aggregate expenditure line downward
C)cause a movement up along the aggregate expenditure line
D)cause a movement down along the aggregate expenditure line
E)have no effect on the aggregate expenditure line or the equilibrium level of real GDP

An Increase in the Price Level Will