The Aggregate Demand Curve Slopes Downward Because at a Higher

question 178

Multiple Choice

The aggregate demand curve slopes downward because at a higher price level:

• A) the purchasing power of consumers' assets declines and consumption increases.
• B) the purchasing power of consumers' wealth declines and consumption decreases.
• C) producers can get more for what they produce, and they increase production.
• D) the purchasing power of consumers' wealth increases and consumption increases.

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