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The Aggregate Demand Curve Is Downward-Sloping Because,other Things Being Equal

Question 118

Multiple Choice

The aggregate demand curve is downward-sloping because,other things being equal:


A) People buy more goods and services at lower average incomes.
B) A lower average price level causes lower interest rates,which stimulate loan-financed purchases.
C) A higher average price level will induce producers to offer more output than otherwise.
D) People buy more goods and services at higher average prices.

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