Question

The demand curve slopes downwards because of - (1)

a) Law of DMU b) Income effect

c) Substitution effect d) all of these​

Answer 1

Answer:

The aggregate demand (AD) curve is the total quantity of final goods and services demanded at different price levels. It slopes downward because a lower price level, holding MS constant, means higher real money balances.

Answer 2

Answer:

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Explanation:

The demand curve slopes downwards because of All of the above.

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