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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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