Part of the Explanation for Why the Aggregate-Demand Curve Slopes

question 111

Multiple Choice

Part of the explanation for why the aggregate-demand curve slopes downward is that a decrease in the price level

• A)decreases the real value of money.
• B)increases the real value of the dollar in foreign exchange markets.
• C)decreases the interest rate.
• D)All of the above are correct.

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Definitions:

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