Which of the Following Partly Explains Why the Aggregate Demand

question 116

Multiple Choice

Which of the following partly explains why the aggregate demand curve is negatively sloped?

• A) When the price of cars manufactured in the United States increases, people buy more cars manufactured abroad.
• B) When the price of cars manufactured abroad increases, people buy fewer cars manufactured in the United States.
• C) When the interest rate increases, people borrow more money.
• D) When the interest rate decreases, people borrow less money.

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Definitions:

Carjacking

The act of violently stealing an occupied vehicle, usually involving threats or force against the driver.

Property Crime

Crimes that involve the theft of property or money without the use of force against victims.

Organized Crime

A structured group engaged in illegal activities, such as drug trafficking, extortion, and money laundering, for profit and power.

Ambitious Members

Individuals within a group who possess a strong desire to achieve success or high status.