Which of the Factors Below Best Explain the Downward Slope

question 218

Multiple Choice

Which of the factors below best explain the downward slope of aggregate demand curve?
The following list of factors,are related to the aggregate demand curve.

• A) 2,4,and 6
• B) 7,9,and 10
• C) 1,3,and 8
• D) 4,6,and 7

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Definitions:

George W. Bush

43rd President of the United States, serving from 2001 to 2009, known for his responses to the 9/11 terrorist attacks and initiating the Iraq War.

Federal Budget Deficit

The deficit that occurs when the government's spending surpasses its income within a fiscal year.

Federal Budget Surpluses

Occurs when the government's revenues exceed its expenditures during a fiscal year.

Inflation Rate

The rate, shown as a percentage, at which prices for services and goods overall are climbing, causing the buying power to decrease.