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AP® Macroeconomics

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Moderate

Aggregate Demand and Negative Slope

APMACR-ADGO1E

Which of the following items is one legitimate explanation of why the Aggregate Demand Curve slopes down?

A

Substitution Effect.

B

Income Effect.

C

Diminishing Marginal Utility.

D

Real Balance Effect.

E

Keynesian Collusion Effect.