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27 September, 13:48

An increase in the price level shifts ae curve

a. upward and shifts the ad curve rightward.

b. upward and shifts the ad curve leftward.

c. downward and shifts the ad curve rightward.

d. downward and shifts the ad curve leftward.

e. upward and does not shift the ad curve. f. downward and does not shift the ad curve.

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  1. 27 September, 15:23
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    Answer is b ...
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