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The Aggregate Demand Curve Slopes Downward Because

Question 95

Multiple Choice

The aggregate demand curve slopes downward because:


A) a higher price will increase investment.
B) a higher price level will cause an increase in expected income.
C) a higher price level will increase purchasing power.
D) a higher price level that foreigners must pay will increase exports.
E) a higher price level for future purchases reduces wealth.

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