When the U.S.price level increases,we would expect:
A)a movement downward along the aggregate demand curve.
B)a movement up along the aggregate demand curve.
C)a shift to the right of the aggregate demand curve.
D)a shift to the left of the aggregate demand curve.

Question

Quizplus · Accepted Answer

When the U.S. price level increases, it results in a movement up along the aggregate demand curve, as higher prices typically lead to a decrease in the quantity of goods and services demanded.

When the U.S.price Level Increases,we Would Expect