The aggregate demand curve slopes downward for the following reasons except:
A)Wealth
B)Inflation
C)Interest rate
D)Exchange rate

Question

Quizplus · Accepted Answer

The aggregate demand curve slopes downward due to wealth, interest rate, and exchange rate.
Key Takeaway: The aggregate demand curve slopes downward due to the effects of wealth, interest rates, and exchange rates. For example, income levels and disposable rates are important in consumption demands.

The Aggregate Demand Curve Slopes Downward for the Following Reasons