1. Drag the correct word/phrase to each sentence.

Aggregate demand is theof all goods and services (Real GDP) at different price levels, ceteris paribus.

If a person has $100,000 in cash and the price level declines, then theof that $100,000 rises. The effect that defines what is happening here is theeffect.

A change in the price level will change the change the quantity demanded of Real GDP while a change in the money supply will change aggregate demand. True or false?

If individuals expect higher future incomes, then consumption willand the AD curve will shift to the.

Fill in the blanks with words that would best complete the passage.

rightpurchasing powerdeclinereal balancelefttruequantity demandedfalserise