The aggregate demand curve usually
A)is vertical.
B)slopes upward.
C)slopes downward.
D)is horizontal.

Question

Quizplus · Accepted Answer

The aggregate demand curve slopes downward because as the price level increases, the demand for goods and services generally decreases due to factors such as decreased purchasing power and increased interest rates. Conversely, as the price level decreases, the demand for goods and services generally increases.

The Aggregate Demand Curve Usually