Multiple Choice
Which of the following statements about the economy's aggregate demand curve is correct? All points on the AD curve
A) correspond to a particular point on industry demand curves for a particular product.
B) relate a particular price level to the total demand for output at that price level.
C) show only changes in relative prices and quantities.
D) show the direct relationship between the price level and net exports.
E) show the direct relationship between the price level and the demand for consumer goods.
Correct Answer:

Verified
Correct Answer:
Verified
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