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Aggregate Demand
Aggregate Demand Curve
Relationship on aggregate demand and the price level
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Cards (2)
What is the relationship between aggregate demand and the price level?:
A fall in the general price level causes an
extension
in aggregate demand
A rise in the general price level causes a
contraction
in aggregate demand
What is the relationship between aggregate demand and the price level?:
A
fall
in the general price level causes an extension in aggregate demand
A
rise
in the general price level causes a contraction in aggregate demand
