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.
Correct Answer:

Verified
Correct Answer:
Verified
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