A higher price level causes
A) the aggregate demand curve to shift to the left.
B) the aggregate demand curve to shift to the right.
C) the C + I + G + X curve to shift down.
D) the C + I + G + X curve to shift up.

Question

Quizplus · Accepted Answer

A higher price level typically reduces the quantity of goods and services demanded, causing the C + I + G + X curve, which represents aggregate demand, to shift down.

A Higher Price Level Causes