Which of the Following Is NOT a Reason the Aggregate

question 78

Multiple Choice

Which of the following is NOT a reason the aggregate demand curve slopes downward?

• A)As the price level increases, real wages decline.
• B)As the price level increases, real wealth declines.
• C)As the price level increases, the interest rate increases.
• D)As the price level increases, the exchange rate increases.

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Definitions:

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