Question

According to the aggregate demand curve, when the aggregate price level _____, the quantity of aggregate output _____. rises; demanded does not change rises; supplied falls falls; demanded falls rises; demanded falls

Answer 1

Answer:

rises; demanded falls

Explanation:

The aggregate demand curve exhibits a negative relationship between aggregate price levels and aggregate output demanded. If aggregate price levels falls, aggregate output demanded rises and if aggregate price levels rises, aggregate output demanded falls.

The aggregate demand curve is negatively sloped.

Please check the attached image for a graph of the aggregate demand curve.

I hope my answer helps you