Author Question: The fact that the aggregate demand curve slopes downward means that aggregate expenditures increase ... (Read 65 times)

rl · **on:** Jun 30, 2018

The fact that the aggregate demand curve slopes downward means that aggregate expenditures increase when the price level decreases.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Which of the following is a positive statement?
a. Increased money supply growth will lead to a higher rate of inflation.
b. There are more millionaires in Uganda than in the United States.
c. People watch more TV during finals week than during the rest of the term.
d. All of the above are positive statements.