Which of the Following Is One Explanation as to Why

question 161

Multiple Choice

Which of the following is one explanation as to why the aggregate demand curve slopes downward?

• A)Decreases in the price level raise the interest rate and increase consumption spending.
• B)Decreases in the price level raise the interest rate and increase investment spending.
• C)Decreases in the U.S.price level relative to the price level in other countries lower net exports.
• D)Decreases in the price level raise real wealth and increase consumption spending.

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Definitions:

Abraham Maslow

A psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs in priority, leading to self-actualization.

Unconscious

The part of the mind that contains thoughts, memories, and desires not within the realm of conscious awareness.

Conscious

The state of being aware of and able to think about one's own existence, sensations, thoughts, surroundings, etc.

Personality

The combination of characteristics or qualities that form an individual's distinctive character, influencing behaviors, thoughts, and emotions.