Question
A rise in the general price level causes a decrease in aggregate expenditure and: 1a rightward shift in the aggregate demand curve. 2a leftward shift
A rise in the general price level causes a decrease in aggregate expenditure and:
1a rightward shift in the aggregate demand curve.
2a leftward shift in the aggregate demand curve.
3a movement up to the left along a fixed aggregate demand curve.
4a corresponding increase in the aggregate supply curve.
which one is right?
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Puzzle Of Latin American Economic Development
Authors: Patrice Franko
2nd Edition
0742524663, 9780742524668
