The aggregate demand curve shows
A. total expenditures at different levels of national income.
B. the quantity of real GDP demanded at different price levels.
C. that real income is directly (positively) related to the price level.
D. All of the above answers are correct.
Answer:B
The aggregate demand curve shows
A. total expenditures at different levels of national income. B. the quantity of real GDP demanded at different price levels. C. that real income is directly (positively) related to the price level. D. All of the above answers are correct.