Which of the Following Is One Explanation as to Why

question 161

Multiple Choice

Which of the following is one explanation as to why the aggregate demand curve slopes downward?

• A)Decreases in the price level raise the interest rate and increase consumption spending.
• B)Decreases in the price level raise the interest rate and increase investment spending.
• C)Decreases in the U.S.price level relative to the price level in other countries lower net exports.
• D)Decreases in the price level raise real wealth and increase consumption spending.

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Definitions:

Voltaire

Voltaire, the pen name of François-Marie Arouet, was a French Enlightenment writer, historian, and philosopher known for his advocacy of freedom of speech, separation of church and state, and civil liberties.

Intolerance

A lack of acceptance or respect for differing views, beliefs, or behaviors.

Persecution

The act of harassing or oppressing someone, especially because of their race, religion, gender, or political beliefs.

Eighteenth Century

The period from 1701 to 1800, marked by significant developments in arts, science, and politics, including the Enlightenment and the American Revolutionary War.