Why Is the Aggregate Demand Curve Downward Sloping

question 257

Multiple Choice

Why is the aggregate demand curve downward sloping?

• A) because the more people buy, the fewer additional purchases they need
• B) because people buy something else when the price goes up
• C) because people feel poorer and buy less when prices go up
• D) because the more people wish to consume, the lower the price is

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Definitions:

Assessment Center

A wide variety of specific selection programs that use multiple selection methods to rate applicants or job incumbents on their management potential.

Multiple Raters

The involvement of several individuals in assessing or evaluating performance, typically to enhance objectivity or reliability.

Evaluators

Professionals who assess or judge the quality, importance, or value of something, such as employee performance.

Job Enlargement

Broadening the types of tasks performed in a job.