Question

If the aggregate supply curve is upward sloping, then an increase in autonomous consumption leads to a(n)

A) increase in aggregate demand and a rise in the price level.

B) decrease in aggregate demand and a rise in the price level.

C) decrease in aggregate demand and a fall in the price level.

D) no change in aggregate demand and no change in the price level.

Answer

This answer is hidden. It contains 1 characters.