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mars1129 [50]
3 years ago
13

The aggregate demand curve slopes downward indicating that

Business
1 answer:
Likurg_2 [28]3 years ago
4 0

Answer: Diminishing marginal utility.

Explanation: The demand curve tends to slopes downward because of diminishing marginal utility and it also slopes downwards because of the substitution and income effects.

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Answer:

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See below

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<h3>What is a expansionary fiscal policy?</h3>

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Expansionary fiscal policy is when the government increases the supply of money in the economy. This can be done either by reducing the taxes or increasing their level of spending.

Contractionary fiscal policies is when the government reduces the money supply in the economy either by reducing their spending or increasing taxes.

To learn more about fiscal policies, please check: brainly.com/question/25716528

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