Posted on 2021年8月11日

cie-econ-as-201803-12-19

• By. 3auk
• Category
• View Count. 0

An aggregate demand curve slopes downwards from left to right. One reason for this is that a reduction in the average price level will lead to

a decline in the country’s international competitiveness.

an increase in interest rates.

an increase in the real value of money balances.

the expectation of further price falls.

Correct!
Wrong!