Identify the correct statement. a. An increase in the price ...

[Evvie72]

Identify the correct statement.
 a. An increase in the price level in an economy will increase the real value of dollar-denominated assets.
 b. An increase in the price level in an economy will shift the aggregate expenditure line upward.
 c. An increase in the price level in an economy will decrease the equilibrium level of output demanded.
 d. An increase in the price level in an economy will cause an upward movement along the aggregate demand curve.
  e. An increase in the price level in an economy will shift the aggregate demand curve rightward.

Question 2

The narrow definition of the money supply includes only currency held by the nonbanking public.
 a. True
  b. False
  Indicate whether the statement is true or false

[dantucker]

Answer to Question 1

d

Answer to Question 2

False

[Evvie72]

TYSM

[Joy Chen]

Thanks for the timely response, appreciate it