Multiple Choice
Which of the following is true of the aggregate demand curve?
A) The aggregate demand curve shows the various levels of expenditures in the economy at alternative price levels.
B) The aggregate demand curve implies a positive relationship between inflation and unemployment.
C) The aggregate demand curve is identical to the income consumption curve.
D) The aggregate demand curve has the same slope as the aggregate supply curve.
E) The aggregate demand curve relates relative prices to the quantity demanded of a particular good.
Correct Answer:

Verified
Correct Answer:
Verified
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