An increase in the price level will
A) move the economy down along a stationary aggregate demand curve.
B) move the economy up along a stationary aggregate demand curve.
C) shift the aggregate demand curve to the left.
D) shift the aggregate demand curve to the right.
B
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A short-run decision for a muffin shop would be to lay off some workers
Indicate whether the statement is true or false
Factors affecting the level of medical care demand include all of the following except:
a. demographic characteristics. b. price of medical care. c. physician factors. d. health status. e. economic standing.
Which of the following is not an example of a monetary policy tool?
a. the reserve requirement b. the tax rate c. open-market operations d. the discount rate
Game theory was first developed by John Nash.
Answer the following statement true (T) or false (F)