The aggregate demand curve slopes:
A) downward, like individual supply curves.
B) downward, like individual demand curves.
C) upward, like individual supply curves.
D) upward, like individual demand curves.

Question

Quizplus · Accepted Answer

The aggregate demand curve represents the total quantity of goods and services demanded by all sectors of the economy at a given price level. As the price level increases, the total quantity demanded decreases. This relationship creates a downward slope, similar to individual demand curves.

The Aggregate Demand Curve Slopes