Adjust the graph to show the effect of a decrease in the aggregate price level.

Social Studies

1 answer:

Elodia [21]2 years ago

6 0

The effect that a decrease in the aggregate price level will have is that

Prices of goods and services decrease on average

<h3>What did the graph depict?</h3>

Generally, if there is increase in aggregate demand, there will be an increase in the price level and a decrease in aggregate demand corresponds with a lower price level.

Thus, the statements that offers the best explanation for the change demonstrated in the graph is that prices of goods and services decrease on average.

Therefore, the Option A is correct.

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