question 1

Roberto suspected that traditional four-year higher education in the US. was being influenced by the recession. Most states cut the amount they contribute to public universities, making it much more expensive for them to operate in the traditional format. This caused many universities to invest in nontraditional, technology-based educational models. Which graph below best depicts the change Roberto is seeing in the traditional four-year higher education market in the US? Which statement below is NOT a reason why the aggregate demand curve slopes downward? 0 As the domestic exchange rate falls, foreigners purchase more domestic goods and services. 0 As the price level falls, consumption increases. As the price level falls, consumption and investment decrease. 0 As the price level falls, consumption and investment increase