Question : 14.4 The AD Curve and Equilibrium Expenditure 1) When the price : 1240571
14.4 The AD Curve and Equilibrium Expenditure 1) When the price level ________, equilibrium expenditure ________ and the quantity of real GDP demanded ________. A) falls; increases; increases B) rises; increases; decreases C) falls; increases; decreases D) rises; decreases; increases E) rises; increases; increases 2) The level of equilibrium expenditure at each price level determines A) the points on the AD curve. […]