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Which of the Following Is Not a Reason the Aggregate-Demand

question 117

Multiple Choice

Which of the following is not a reason the aggregate-demand curve slopes downward? As the price level increases,


Definitions:

JIT Systems

Just-In-Time Systems refer to a strategy to increase efficiency and decrease waste by receiving goods only as they are needed in the production process.

Inventory

The quantity of goods or materials that a business holds for the purpose of resale or production.

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