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The reason why AD curve is downward sloping is that, a.as price level increases, the real money in the economy decreases. b.as price of a

The reason why AD curve is downward sloping is that,

a.as price level increases, the real money in the economy decreases.

b.as price of a good increases, quantity demanded decreases.

c.as price level increases, the nominal income decreases.

d.as price of a good increases, demand for the good decreases.

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