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Vsevolod [243]
2 years ago
12

True or false: The aggregate demand curve slopes downward because it reflects a direct relationship between the price level and

the amount of real output demanded
Business
1 answer:
bearhunter [10]2 years ago
6 0

The aggregate demand curve slopes downward because it reflects a direct relationship between the price level and the amount of real output demanded. This statement is false.

<h3>What is a demand curve?</h3>

It should be noted that a demand curve simply means the graph that illustrates the quantity bought at a price.

In this case, the curve slopes downward because output reduces as price increases. This shows an inverse relationship.

Learn more about demand curve on:

brainly.com/question/1486483

#SPJ1

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