The Curve That Depicts Aggregate Demand Slopes Downward Because

question 78

Multiple Choice

The curve that depicts aggregate demand slopes downward because:

• A) as the overall price level (P) falls, real GDP (y) falls.
• B) as the overall price level (P) rises, real GDP (y) does not change.
• C) as the overall price level (P) rises, real GDP (y) rises.
• D) as the overall price level (P) rises, real GDP (y) falls.

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