Which of the Following Is a Reason Why the Aggregate

question 17

Multiple Choice

Which of the following is a reason why the aggregate demand curve slopes downward?

• A)At a higher price level,fewer goods and services are available.
• B)Periods when the price level is rising are usually times of swift declines in economic activity.
• C)Households feel poorer with an increase in average prices.
• D)If the U.S.price level rises,foreigners will buy more U.S.goods,leaving fewer U.S.goods for domestic consumers.
• E)As the price level rises,business leaders become pessimistic about the future and reduce production.

---

Definitions:

Fossil Record

The totality of fossilized artifacts and their placement within the earth's rock strata, providing evidence about the history of life and past environments on Earth.

Bias

A tendency to lean in a certain direction, either in favor of or against a particular thing, person, or group, often in a way considered to be unfair.

Scientists

Professionals who conduct research and experiments to discover new knowledge and develop technologies.

Homology

Refers to the existence of shared ancestry between a pair of structures, or genes, in different taxa.