Which Statement Is NOT a Reason the Aggregate-Demand Curve Slopes

question 34

Multiple Choice

Which statement is NOT a reason the aggregate-demand curve slopes downward?

• A) As the price level increases, real wages decline.
• B) As the price level increases, real wealth declines.
• C) As the price level increases, the interest rate increases.
• D) As the price level increases, the exchange rate increases.

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