Which statement below isNOT a reasonwhy theaggregate demand curve slopes downward? As the price level falls, consumption
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Question:
Which statement below isNOT a reasonwhy theaggregate demand curve slopes downward?
- As the price level falls, consumption and investment increase.
- As the price level falls, consumption and investment decrease.
- As the domesticexchange rate falls, foreigners purchase more domestic goods and services.
- As the price level falls, consumption increases.
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