2 Line a roasting pan with foil (or silpat). Arrange the asparagus spears in a single layer on the lined roasting pan. Drizzle with olive oil and rub the spears all over with the olive oil to coat. Sprinkle with salt, pepper, and minced garlic, and rub over the asparagus spears to evenly distribute.
When the price level changes, the interest-rate effect is activated, which is what then results in a change in aggregate expenditures and the movement long the aggregate demand curve. To illustrate this process, click the [Change Price Level] button.owever, a boost in the price level that increases the interest rate on this loan to 12 percent results in monthly payments of $527. This extra $20 causes Duncan to pause and rethink this planned purchase. If he decides the extra expense is too much, then he has fallen victim to the interest-rate effect.
A higher price level is related to fewer aggregate expenditures and a lower price level is related to greater aggregate expenditures. Moreover, changes in the price level are the direct cause of changes in aggregate expenditures, which is reflected by a movement along the aggregate demand curve. To illustrate this, click the [Change Price Level] button. Movement along the aggregate demand curve is attributable to three key effects: Real-Balance Effect: This occurs when a change in the price level changes aggregate expenditures on real production due to a change in purchasing power of money.