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Stells [14]
4 years ago
11

As the aggregate price level rises, aggregate demand ____________ resulting in a __________ to total output, or the real GDP. A.

falls/increase B. rises/increase C. rises/decrease D. falls/decrease
Business
2 answers:
Aleksandr [31]4 years ago
7 0
<span>I believe the answer is D. Falls/decrease
Increase in aggregate price tend to discourage consumers to go out and make a purchase, which will lead to the fall of aggregate demand.
This will create an abundance of that product in the market, and the market will decrease the total output as a response.</span>
lesya692 [45]4 years ago
4 0

falls/decrease is the correct answer

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<h3>What is market failure? </h3>

It should be noted that market failure simply means the inefficient distribution of goods and services.

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