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The Aggregate Demand Curve Slopes Downward Because at Higher Price

Question 212

Multiple Choice

The aggregate demand curve slopes downward because at higher price levels


A) the purchasing power of consumers' assets declines and consumption increases.
B) producers can get more for what they produce, and they increase production.
C) the purchasing power of consumers' assets declines and consumption decreases.
D) the purchasing power of consumers' assets increases and consumption increases.

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