Economics · Macroeconomics
The aggregate demand curve is downward sloping because of:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1equal wealth effect and interest rate effect of a change in aggregate price level
- 2only interest rate effect of a change in aggregate price level
- 3only wealth effect of a change in aggregate price level
- 4wealth effect and interest rate effect of a change in aggregate price level✓
Correct answer
wealth effect and interest rate effect of a change in aggregate price level
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Macroeconomics MCQs →Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics