Other things being equal, the lower are planned real expenditures along an aggregate demand curve, the
A) more the production possibilities cure shifts to the left.
B) lower the price level.
C) higher the price level.
D) lower the level of endowments.

Question

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The Answer of Other things being equal, the lower are planned real expenditures along an aggregate demand curve, the
A) more the production possibilities cure shifts to the left.
B) lower the price level.
C) higher the price level.
D) lower the level of endowments.

Other Things Being Equal, the Lower Are Planned Real Expenditures