A downward shift of the planned expenditure curve resulting from an increase in the price level corresponds to
A) a movement up along the aggregate demand curve.
B) a movement down along the aggregate demand curve.
C) an increase in aggregate demand.
D) a decrease in aggregate demand.
A
Economics
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Indicate whether the statement is true or false
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Total variable cost
A) increases as output increases. B) does not change as output changes. C) decreases as output increases. D) initially decreases and then increases as output increases.
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