Answered: Only a change in the price level can…

Only a change in the price level can cause shifts in both the aggregate expenditure line and the aggregate demand curve. O a. True O b. False

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Only a change in the price level can cause shifts in both the aggregate expenditure line and the aggregate demand curve.
a. True
b. False

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