A graph that depicts the relationship between the total quantity of goods and services demanded and the price level is the
A) aggregate demand curve.
B) average price level.
C) circular flow model.
D) GDP curve.

Question

Quizplus · Accepted Answer

An aggregate demand curve shows the total quantity of goods and services demanded at different price levels in an economy. It is a graphical representation of the relationship between price level and the total quantity of goods and services demanded by consumers, businesses, and the government. Therefore, the correct choice is A) aggregate demand curve.

A Graph That Depicts the Relationship Between the Total Quantity