One Explanation for the Slope of the Aggregate Demand Curve

question 20

Multiple Choice

One explanation for the slope of the aggregate demand curve is that:

• A)nominal income falls and so does the demand for goods and services as prices rise.
• B)falling prices make people feel poorer and reduce spending.
• C)the government spends less to drive the price level back to normal as prices rise.
• D)businesses increase spending when inflation is high and rising.
• E)domestic goods become more expensive relative to foreign goods when prices rise,reducing exports.

---

Definitions:

Online Databases

Digital collections of organized information or data, typically stored and accessed electronically from a computer system or over the Internet.

Specific Job Openings

Particular vacancies or positions available for employment within an organization.

Egotism

An excessive sense of self-importance, often manifesting in self-centered behavior and a lack of consideration for others.

Action Verbs

Verbs used to describe actions taken by a subject, often used in resumes and job descriptions to showcase achievements and capabilities.