One of the Reasons Why the AD Curve Slopes Downward

question 163

Multiple Choice

One of the reasons why the AD curve slopes downward is that as the

• A) price level rises,purchasing power rises.
• B) price level falls,purchasing power rises.
• C) nation's income level rises,purchasing power rises.
• D) nation's income level rises,purchasing power falls.
• E) This is a trick question,because the AD curve is upward sloping.

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