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The Aggregate Demand Curve Slopes Downward Indicating That

Question 9

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) an increase in the interest rate will  increase the aggregate quantity of goods and services demanded.
D) consumers purchase more domestic-made goods and fewer foreign-made goods as  the prices of domestic goods increase.

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