- CFA Exams
- CFA Level I Exam
- Study Session 4. Economics (1)
- Reading 14. Aggregate Output, Prices, and Economic Growth
- Subject 5. Shifts in Aggregate Demand and Supply
CFA Practice Question
A drop in the price level would ______
A. shift the aggregate demand curve to the right.
B. shift the aggregate demand curve to the left.
C. not shift the aggregate demand curve at all.
Explanation: It increases the quantity of goods demanded, and will cause a movement along the demand curve (not a shift of the curve).
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