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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Definitions:

Metabolized

The biochemical process by which organisms convert substances into energy and new materials, or break them down into simpler products.

Substance

A form of matter with distinct properties and composition; can be either an element or a compound.

Synthetic Chemical Reactions

Chemically engineered processes to form new substances from one or more reactants, involving the breaking and forming of bonds.

Enzymes

Biological molecules that act as catalysts to speed up chemical reactions in living organisms.