Which of the Following Sequences Best Explains the Negative Slope $\uparrow \Rightarrow$

question 160

Multiple Choice

Which of the following sequences best explains the negative slope of the aggregate-demand curve?

• A)price level \(\uparrow \Rightarrow\)demand for money \(\uparrow \Rightarrow\)equilibrium interest rate \(\uparrow \Rightarrow\)quantity of goods and services demanded \(\darr\)
• B)price level \(\uparrow \Rightarrow\)demand for money\(\darr\Rightarrow\) equilibrium interest rate \(\uparrow \Rightarrow\)quantity of goods and services demanded \(\darr\)
• C)price level \(\darr\Rightarrow\) demand for money \(\darr\Rightarrow\) equilibrium interest rate \(\uparrow \Rightarrow\) quantity of goods and services demanded \(\darr\)
• D)price level \(\uparrow \Rightarrow\)equilibrium interest rate \(\uparrow \Rightarrow\)demand for money \(\uparrow \Rightarrow\) quantity of goods and services demanded \(\darr\)

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