The most important reason for the slope of the aggregate-demand curve is that as the price level   a. increases, interest rates increase, and investment decreases.   b. decreases, interest rates increase, and investment increases.   c. increases, interest rates decrease, and investment increases.   d. decreases, interest rates decrease, and investment decreases.

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter10: Dynamic Change, Economic Fluctuations, And The Ad-as Model
Section: Chapter Questions
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The most important reason for the slope of the aggregate-demand curve is that as the price level
  a.
increases, interest rates increase, and investment decreases.
  b.
decreases, interest rates increase, and investment increases.
  c.
increases, interest rates decrease, and investment increases.
  d.
decreases, interest rates decrease, and investment decreases.
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