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17. Aggregate Demand and Aggregate Supply Analysis
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17. Aggregate Demand and Aggregate Supply Analysis
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17. Aggregate Demand and Aggregate Supply Analysis / Aggregate Demand / Problem 1
Problem 1
If the price level increases from 100 to 105, what is the expected movement along the aggregate demand curve?
A
Movement up the curve, indicating less GDP demanded.
B
Shift of the curve to the left.
C
Movement down the curve, indicating more GDP demanded.
D
No movement, indicating constant GDP demanded.
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