Question: Which statement regarding aggregate demand (AD) is true? AD is an upward-sloping relationship between the price level and real gross domestic product (RGDP). AD is

Which statement regarding aggregate demand (AD) is true? AD is an upward-sloping relationship between the price level and real gross domestic product (RGDP). AD is a positive relationship between the price level and real gross domestic product (RGDP). AD looks very similar to a regular demand curve. The wealth effect does not influence the slope of the AD curve

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