AD CURVE Flashcards
1
Q
What way does the AD CURVE SLOPE?
A
Downwards
2
Q
Why does AD slope downwards?
A
Price level has an inverse relationship with REAL GDP.
economic performance 2 > AD CURVE > Flashcards
What way does the AD CURVE SLOPE?
Downwards
Why does AD slope downwards?
Price level has an inverse relationship with REAL GDP.