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Mashutka [201]
3 years ago
5

The AD Curve ________. A) indicates the level of aggregate output corresponding to different goods-market-clearinglevels of the

inflation rateB) is downward sloping, because with higher inflation comes higher interest rates and lower spending, so equilibrium aggregate output declines C) explains how inflation affects output in the short runD) all of the above
Business
1 answer:
Mkey [24]3 years ago
8 0

Answer:

D) all of the above

Explanation:

The AD curve shows the aggregate output level that should be for different kinds of goods have the inflation rate

It is downward sloping due to more inflation that raised the inflation rate due to this less spending should be there

Also it described how the inflation impacts the output for the short period of time

Therefore the option d is correct

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