The Downward Slope of the Aggregate Demand Curve Shows That

question 32

Multiple Choice

The downward slope of the aggregate demand curve shows that

• A) an increase in aggregate demand reduces the long-run aggregate supply.
• B) an increase in aggregate demand increases the long-run aggregate supply.
• C) a higher price level will cause planned purchase rates for final goods and services to be higher.
• D) a lower price level will cause planned purchase rates for final goods and services to be higher.

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