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,

• A)firms may believe the relative price of their output has risen.
• B)real wealth declines.
• C)the interest rate increases.
• D)the exchange rate increases.

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Definitions:

Temples

Sacred buildings dedicated to religious activities, worship, and prayers, often associated with significant architectural styles and cultural heritage.

Mexican Preclassic Period

The era in Mesoamerican history from about 2500 BC to AD 250, characterized by the rise of the first complex societies and notable for its artistic and architectural achievements.

BCE

Before the Common Era, a non-religious term equivalent to BC (Before Christ) used in the Gregorian calendar to denote years before the birth of Jesus Christ.

CE

An abbreviation for Common Era, a secular term used to denote years in the Gregorian calendar, equivalent to AD (Anno Domini).