The aggregate demand curve is usually
A) downward sloping. B) vertical.
C) horizontal. D) upward sloping.
A
Economics
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Other things equal, an adverse supply shock would
a. Lower the price level b. decrease real output c. Shift AD left d. Do a. and b. but not c.
Economics
When is a demand curve smooth?
a. when there are no consumers b. when there are few consumers c. when there is one consumer d. when there are many consumers
Economics