Aggregate demand is a constant level and does not change as the price level changes.

Question

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Aggregate demand is the total demand for goods and services in an economy at a given price level. It is not a constant level and can change as the price level changes. When the price level decreases, aggregate demand may increase as consumers are more willing and able to purchase goods and services, leading to a higher level of demand in the economy. Conversely, when the price level increases, aggregate demand may decrease as consumers become less willing or able to purchase goods and services, leading to a lower level of demand in the economy.

Aggregate Demand Is a Constant Level and Does Not Change