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The aggregate demand curve slopes downward indicating that: a. an increase in the general price level will increase the aggregate quantity of goods and services demanded. b. consumers substitute

The aggregate demand curve slopes downward indicating that:
a. an increase in the general price level will increase the aggregate quantity of goods and services demanded.
b. consumers substitute between domestic-made and foreign-made goods as their relative prices change.
c. a change in the interest rate will alter the aggregate quantity of goods and services demanded.
d. an increase in the general price level will reduce the aggregate quantity of goods and services demanded.

Jun 07 2021 View more View Less

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