Solved

The Aggregate Demand Curve Slopes Downward Indicating That

Question 145

Multiple Choice

The aggregate demand curve slopes downward indicating that


A) an increase in the general price level will reduce the aggregate quantity of goods and services demanded.
B) an increase in the general price level will increase the aggregate quantity of goods and services demanded.
C) a change in the interest rate will alter the aggregate quantity of goods and services demanded.
D) consumers substitute between domestic-made and foreign-made goods as their relative prices change.

Correct Answer:

verifed

Verified

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

Related Questions