A rise in the price level shifts the AE curve ______. A. Upward and creates a movement

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A rise in the price level shifts the AE curve ______.

A. Upward and creates a movement up along the AD curve

B. Downward and creates a movement up along the AD curve

C. Upward and shifts the AD curve rightward

D. Downward and shifts the AD curve leftward

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 07:51 AM

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A rise in the price level shifts the AE curve ______. A. Upward and creates a movement

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B The AE curve shifts downward becaus...View the full answer

Foundations of Macroeconomics

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