The best explanation of why the aggregate demand curve has a negative slope is that
A)at a higher price level households cut back on their spending on goods and services.
B)at a higher price level business firms wish to produce more goods and services.
C)a higher price level results in lower real balances and a higher real interest rate.
D)a higher price level results in less government spending on transfers, such as unemployment insurance and social security payments.

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The Answer of The best explanation of why the aggregate demand curve has a negative slope is that
A)at a higher price level households cut back on their spending on goods and services.
B)at a higher price level business firms wish to produce more goods and services.
C)a higher price level results in lower real balances and a higher real interest rate.
D)a higher price level results in less government spending on transfers, such as unemployment insurance and social security payments.

The Best Explanation of Why the Aggregate Demand Curve Has