The downward slope of the aggregate demand curve shows that A) a high
The downward slope of the aggregate demand curve shows that
A) a higher price level will cause planned purchase rates for final goods and services to be higher.
B) an increase in aggregate demand reduces the long-run aggregate supply.
C) a lower price level will cause planned purchase rates for final goods and services to be higher.
D) an increase in aggregate demand increases the long-run aggregate supply.
ANSWER
C
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