Which of the Factors Below Best Explain the Downward Slope

question 64

Multiple Choice

Which of the factors below best explain the downward slope of aggregate demand curve? The following list of factors, are related to the aggregate demand curve.Real-balances effect
Household expectations
Interest-rate effect
Personal income tax rates
Profit expectations
National income abroad
Government spending
Foreign trade effect
Exchange rates
Degree of excess capacity

• A)2, 4, and 6
• B)7, 9, and 10
• C)1, 3, and 8
• D)4, 6, and 7

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Definitions:

Hostile Toward

means showing or feeling aggression and animosity against something or someone.

Flirtatious

Behavior characterized by playful or romantic attraction often manifesting as light teasing or conversation.

Attributing Negative Outcome

The process of assigning blame to internal or external factors for unfavorable results or situations.

Prejudice

Preconceived opinion or judgment that is not based on reason or actual experience, often directed towards people or groups.