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Author Question: Which one of the following does NOT explain why the AD curve slopes downwards? (Read 339 times)

craiczarry

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on: May 25, 2020

Question 1

As the price level in the economy rises, which of the following occurs?
◦ The quantity of 'real money' decreases.
◦ Real aggregate demand decreases.
◦ Total spending in money terms decreases.
◦ A and B
◦ B and C

Question 2

Which one of the following does NOT explain why the AD curve slopes downwards?
◦ As the price level falls, people will save more in order to protect the real value of their savings.
◦ A lower price level increases the competitiveness of the country's exports.
◦ A lower price level increases the real money supply.
◦ A lower price level increases the relative price of imports.
◦ As the price level falls, the real value of money balances held increases. This increases the real purchasing power of consumers.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by craiczarry on May 25, 2020

rnehls

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Reply #1 on: May 25, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mike char

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Reply #2 on: May 24, 2022
thank you
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