If the price level increases, the AE curve shifts
A) upward and the AD curve shifts leftward.
B) upward and there is a movement along the AD curve.
C) upward and the AD curve shifts rightward.
D) downward and there is a movement along the AD curve.
E) downward and the AD curve shifts rightward.
D
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If additional units of a good could be produced at a constant opportunity cost, the production possibilities frontier would be linear
Indicate whether the statement is true or false
In February, market analysts predict that the price of titanium will rise in March. What happens in the titanium market in February, holding everything else constant?
A) The supply curve shifts to the right. B) The supply curve shifts to the left. C) The quantity of titanium demanded and the quantity of titanium supplied both increase. D) The demand curve shifts to the left.