The Aggregate Demand Curve

question 98

Multiple Choice

The aggregate demand curve

• A)is upsloping because a higher price level is necessary to make production profitable as production costs rise.
• B)is downsloping because production costs decline as real output increases.
• C)shows the amount of expenditures required to induce the production of each possible level of real output.
• D)shows the amount of real output that will be purchased at each possible price level.

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