Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply. A lower price level increases the consumption of complementary goods. A higher price level makes domestically produced goods more expensive than foreign goods. A lower price level leads to a lower interest rate. As the aggregate price level rises, the purchasing power of households' saving balances will , causing the quantity of output demanded to . This phenomenon is known as the effect.
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Which of the following are reasons the aggregate demand curve is downward sloping? Check all that ap...
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