Solved

One Reason That the Aggregate Demand Curve Has a Negative

Question 52

Multiple Choice

One reason that the aggregate demand curve has a negative slope is because


A) the amount of money in the economy increases when the price level rises.
B) firms supply less when prices rise.
C) people buy more foreign goods when the domestic price level rises.
D) firms supply more when prices rise.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions