The AD Curve Slopes Downward Because an Increase in ______

question 96

Multiple Choice

The AD curve slopes downward because an increase in ______ causes ______ to fall, which in turn causes real GDP to fall.

• A)the inflation rate; planned spending
• B)planned spending; the inflation rate
• C)real GDP; planned spending
• D)real GDP; the unemployment rate

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Definitions:

UCC 2A-525(2)

A specific provision within the Uniform Commercial Code dealing with a lessee's right to cure nonconforming delivery in a lease contract.

Reclaim Goods

The process of taking back possession of sold goods by a seller under certain conditions, typically due to nonpayment or breach of contract.

Breach

The violation or failure to observe a legal agreement, law, or obligation.

Specific Performance

is a legal remedy in contract law where a court orders a party to perform their contractual duties, rather than simply paying damages for failing to fulfill the contract.