On the contract curve the ______ for both consumers are the same

For a consumer bound by the collateral constraint, a reduction in the price of the collateral leads to

A) nothing. B) an increase in current consumption and a decrease in future consumption. C) a decrease in current consumption and no change in future consumption. D) a decrease in current and future consumption.

The aggregate demand curve is downward sloping

a. True b. False Indicate whether the statement is true or false