Business, 28.04.2021 15:40 Flowershere121
All of the following are reasons the AD curve is down sloping except when prices rise in an economy, the real value of household income declines causing decreased consumer spending. when prices rise in an economy, more households seek loans, decreasing investment and consumer spending as interest rates rise. when prices rise in an economy, consumers tend to buy cheaper foreign products and fewer domestic products resulting in a decrease in net exports. when prices rise in an economy, consumers tend to spend more on domestic goods. when prices rise in an economy, consumers tend to spend less on domestic goods.
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All of the following are reasons the AD curve is down sloping except when prices rise in an economy,...
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