The _____ Effect Is a Reason for the Negative Slope

question 256

Multiple Choice

The _____ effect is a reason for the negative slope of the aggregate demand curve.

• A) income
• B) substitution
• C) interest rate
• D) multiplier

---

Definitions:

Lab

Short for laboratory, a controlled setting for scientific research, experiments, and testing.

Modified Wave

A scheduling method that allocates specific appointment times at the beginning of each hour to reduce waiting time and enhance workflow.

Wave

A disturbance or variation that transfers energy progressively from one point to another, often described in terms of its amplitude, frequency, and speed.

Clustering

Involves grouping a set of objects based on similarities, often used in data analysis to identify patterns.