Multiple Choice
What does the downward slope of the aggregate-demand curve show?
A) that an increase in the money supply causes the aggregate quantity of goods and services demanded to increase
B) that an increase in the money supply causes the aggregate quantity of goods and services demanded to decrease
C) that an increase in the price level causes the aggregate quantity of goods and services demanded to increase
D) that an increase in the price level causes the aggregate quantity of goods and services demanded to decrease
Correct Answer:

Verified
Correct Answer:
Verified
Q93: When output rises, unemployment falls.
Q160: A decrease in the price level makes
Q189: What is classical dichotomy?<br>A) It is the
Q192: According to the classical view in economics,
Q193: What were the changes in output in
Q195: Changes in the price level affect which
Q196: According to the sticky-wage theory, which statement
Q197: What has been suggested as a reason
Q198: Figure 14-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7554/.jpg" alt="Figure 14-1
Q199: Which of the following shifts aggregate demand