The Aggregate Demand Curve Shows That, If Other Factors Are

question 312

Multiple Choice

The aggregate demand curve shows that, if other factors are held constant, a

• A) lower price level results in inflationary conditions.
• B) higher price level results in a decrease in the quantity of real GDP demanded.
• C) higher price level results in an increase in the quantity of real GDP demanded.
• D) higher price level results in a lower interest rate.

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