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The Aggregate Demand Curve Slopes Downward Because a Decrease in the Price

question 14

Multiple Choice

The aggregate demand curve slopes downward because a decrease in the price level means ________ in the real money supply and therefore a ________ level of real spending.


Definitions:

Exudative

Pertaining to any fluid that filters from the circulatory system into lesions or areas of inflammation.

Traction

The application of a pulling force to a part of the body to realign or immobilize bones and joints.

Normal Aging

The natural process of bodily changes over time that are not caused by disease or avoidable environmental influences.

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