-Refer to the figure above to answer this question.All of the following,except one,would cause a movement from a to b.Which is the exception?
A)An increase in the price level.
B)An increase in wealth holdings.
C)An increase in government spending.
D)A decrease in the interest rate.
E)An increase in foreign incomes.

Question

-Refer to the figure above to answer this question.All of the following,except one,would cause a movement from a to b.Which is the exception?
A)An increase in the price level. 
B)An increase in wealth holdings. 
C)An increase in government spending. 
D)A decrease in the interest rate. 
E)An increase in foreign incomes.

Quizplus · Accepted Answer

An increase in the price level would not cause a movement from point a to point b on a typical economic graph representing demand or supply shifts; instead, it would likely cause a movement along the same curve due to changes in the quantity demanded or supplied, not a shift of the curve itself.

-Refer to the Figure Above to Answer This Question