Multiple Choice
How does aggregate demand curve (AD) differ from an individual demand curve (D) ?
A) AD is generally vertical while D is usually downward sloping.
B) D represents the price-quantity relationship for a single good or service while AD looks at the entire economic system.
C) Look for D in macroeconomic analyses and for AD in microeconomics.
D) AD is generally a downward sloping curve while D usually slopes upward.
Correct Answer:
Verified
Correct Answer:
Verified
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