The Downward Slope of the Aggregate Demand Curve Shows That

Multiple Choice

The downward slope of the aggregate demand curve shows that

A) an increase in aggregate demand reduces the long-run aggregate supply.
B) an increase in aggregate demand increases the long-run aggregate supply.
C) a higher price level will cause planned purchase rates for final goods and services to be higher.
D) a lower price level will cause planned purchase rates for final goods and services to be higher.