The aggregate demand curve shows that, ceteris paribus, at ________ price levels total quantity demanded is ________.
A) higher; higher
B) lower; lower
C) lower; higher
D) positive; negative

Question

Quizplus · Accepted Answer

According to the aggregate demand curve, at lower price levels, the total quantity demanded is higher, as consumers are more willing and able to purchase goods and services at lower prices. Conversely, at higher price levels, the total quantity demanded is lower. Therefore, the correct choice is C.

The Aggregate Demand Curve Shows That, Ceteris Paribus, at ________