Which of these is NOT a reason the aggregate demand curve is negatively sloped?
A) income effect
B) wealth effect
C) interest rate effect
D) export effect

Name: Which of these is NOT a reason the aggregate demand curve is negatively sloped? A) income effect B) wealth effect C) interest rate effect D) export effect
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

The income effect is not a reason for the negative slope of the aggregate demand curve. The negative slope is primarily due to the wealth effect, interest rate effect, and export effect.

Which of These Is NOT a Reason the Aggregate Demand