Other things constant, the economyʹs aggregate demand curve shows that
A. as the price level falls, real GDP decreases.
B. any change in the price level shifts the aggregate demand curve.
C. the quantity of real GDP demanded decreases when the price level rises.
D. the quantity of real GDP demanded and the price level are not related.
Answer:C
Other things constant, the economyʹs aggregate demand curve shows that
A. as the price level falls, real GDP decreases. B. any change in the price level shifts the aggregate demand curve. C. the quantity of real GDP demanded decreases when the price level rises. D. the quantity of real GDP demanded and the price level are not related.