fsoutherland2013 fsoutherland2013
  • 16-07-2021
  • Advanced Placement (AP)
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The aggregate-demand curve shows that a decrease in the price level:

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Jftheleaf
Jftheleaf Jftheleaf
  • 16-07-2021
The aggregate-demand (AD) curve shows that a decrease in the price level will result in an increase in real GDP, or gross domestic product. Thus, there would be a right/downward MOVEMENT on the curve. Note, I did not say shift but rather movement. Let me know if you have further questions.
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