A fall in the price level produces a ________ the aggregate supply curve.
A)rightward shift of
B)movement downward along
C)leftward shift of
D)movement upward along
E)rightward shift of the aggregate supply curve and a movement downward along

Question

Quizplus · Accepted Answer

A fall in the price level results in a movement downward along the aggregate supply curve, as it reflects a change in the price level rather than a change in the factors that shift the curve.

A Fall in the Price Level Produces a ________ the Aggregate