Question: ( 1 4 ) The main reason why the aggregate demand curve slopes down is a . businesses dislike inflation and respond to it by
The main reason why the aggregate demand curve slopes down is
a businesses dislike inflation and respond to it by decreasing investment spending.
b consumers save more during periods of high inflation and less during periods of low inflation.
c foreigners do not want to purchase exports from a country with high inflation.
d the central bank raises interest rates when inflation is high and lowers them when inflation is low.
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