The aggregate demand curve is downward sloping because an increase in the general price level will cause the demand for money, interest rates, and investment to change in which of the following ways?

A) Increase/Increase/Increase
B) Increase/Increase/Decrease
C) Increase/Decrease/Increase
D) Decrease/Increase/Decrease
E) Decrease/Decrease/Increase

Ans: B) Increase/Increase/Decrease

Economics

You might also like to view...

The United States is a country with a high saving rate

Indicate whether the statement is true or false

View
Economics

Violent labor-management conflicts of the late 1800s included all of the following except

a. the Haymarket Square riot b. the Carnegie Homestead Works incident c. the Pullman strike d. the Credit Mobilier scandal

View
Economics